Citric acid

Evofem Reports $18.2 million of Phexxi Net Product Sales in 2023

Retrieved on: 
Wednesday, March 27, 2024

SAN DIEGO, March 27, 2024 /PRNewswire/ -- The company behind Phexxi® (lactic acid, citric acid, and potassium bitartrate) vaginal gel, women's health innovator Evofem Biosciences, Inc. (OTCQB: EVFM), today announced financial results for the fourth quarter and year ended December 31, 2023. Highlights include:

Key Points: 
  • Highlights include:
    Delivered $18.2 million of Phexxi net product sales in 2023, an impressive increase compared to 2022 given the 73% reduction in field force and absence of growth capital in 2023.
  • Sales and marketing expense was 64% of net sales for 2023, a key milestone for the Company and a significant improvement from prior years.
  • For the year ended December 31, 2023, net product sales were $18.2 million compared to $16.8 million in net product sales in the prior year.
  • For the three months ended December 31, 2023, net product sales were $4.8 million compared to $0.2 million in the prior year period.

Evofem Negotiates Improved Rebate for Hormone-Free "In the Moment" Contraceptive PHEXXI with Medi-Cal

Retrieved on: 
Wednesday, March 20, 2024

SAN DIEGO, March 20, 2024 /PRNewswire/ -- Commercial-stage women's health innovator Evofem Biosciences, Inc. (OTCQB: EVFMD) today announced that it has successfully renegotiated the rebate for Phexxi® (lactic acid, citric acid and potassium bitartrate), its hormone-free, woman-controlled contraceptive, with Medi-Cal, the California state Medicaid program.

Key Points: 
  • Phexxi is the first and only locally-acting contraceptive gel approved by the FDA.
  • It is applied zero-to-60 minutes before intercourse and works, without hormones, by maintaining the natural vaginal biome with a pH that is naturally inhospitable to sperm.
  • The renegotiated rebate improves Evofem's rebate on Medi-Cal prescriptions by 7.4%, while affording price protection to Medi-Cal against future Phexxi WAC increases.
  • Medi-Cal beneficiaries may receive one box of 12 single-use Phexxi applicators per dispensing, and up to three boxes in any 75-day period.

For Women Using GLP-1 Receptor Agonists who take Oral Birth Control Pills, Hormone-Free Phexxi Contraceptive Gel is a Logical Solution to Help Prevent Unintended Pregnancy

Retrieved on: 
Thursday, March 7, 2024

SAN DIEGO, March 7, 2024 /PRNewswire/ -- Use of GLP-1 receptor agonists, or GLP-1s, is skyrocketing in the United States, with more than nine million prescriptions for Ozempic, Wegovy, Mounjaro, and similar diabetes and obesity drugs written during the last three months of 2022 alone.1 Zepbound weekly prescriptions hit 25,000 in December 2023, just one month after it was approved to treat obesity.2 These drugs may make oral birth control pills less effective at certain points in the dosing schedule, making an unintended pregnancy more likely.

Key Points: 
  • This highlights the critical need for a non-systemic, non-hormonal method, like Phexxi, to prevent unintended pregnancy."
  • Users of oral birth control considering GLP-1 treatment are encouraged to plan ahead to prevent unintended pregnancy.
  • Having a contraceptive strategy in place and the right product at your fingertips enables spontaneous intimacy no matter where you are in your GLP-1 dosing schedule.
  • An on-demand, hormone-free method is a logical choice to provide these patients additional protection they need.

Kona Gold Beverages, Inc. Unveils Exciting Rebranding: Introducing HighDrate D9 Seltzer Drink Line

Retrieved on: 
Tuesday, February 20, 2024

ROCKLEDGE, Fla., Feb. 20, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a dynamic holding company specializing in product development within the better-for-you and functional beverage sector, is thrilled to announce a significant transformation in its product lineup with the launch of HighDrate D9 Seltzer Drink line. This rebranding marks a strategic shift towards innovation and meeting evolving consumer preferences.

Key Points: 
  • The HighDrate line has cultivated an incredibly loyal following among consumers, demonstrating its potential as a valuable asset for Kona Gold.
  • The new HighDrate D9 Seltzer Drink line replaces the HighDrate's CBD Energy Waters, offering consumers a refreshing and exhilarating experience with each sip.
  • Moreover, HighDrate D9 Seltzer Drinks uphold Kona Gold Beverages, Inc.'s commitment to ethical sourcing and consumer satisfaction.
  • For more information about HighDrate D9 Seltzer Drinks and Kona Gold Beverages, Inc., please visit https://konagoldbeverage.com/

DOVE, MAKER OF THE ICONIC BEAUTY BAR, WANTS YOU TO SHAKE UP YOUR SHOWER ROUTINE WITH NEW PLANT MILK CLEANSING BARS AND #DOVEDELUXEBAR POP-UP IN NYC

Retrieved on: 
Friday, February 16, 2024

ENGLEWOOD CLIFFS, N.J., Feb. 16, 2024 /PRNewswire/ -- Today, Dove enters the premium bar space with NEW Dove Plant Milk Cleansing Bars, infused with plant-based milks to provide 24-hours of nourishment and the all-day soft skin you know and love from Dove. True to the Dove legacy of kind-to-skin cleansing and superior moisturization, Dove Plant Milk Cleansing Bars are pH-balanced and as mild as water – made with 100% gentle cleansers and formulas that are also 98% biodegradable.

Key Points: 
  • Oat Milk & Berry Brulee – A moisture marvel, with the scrumptious scents of juicy berries & hint of brown sugar.
  • The Deluxe Bar will immerse guests in the sensorial world of NEW Dove Plant Milk Cleansing Bars and the key ingredients that inspired each delicious fragrance.
  • Together, we've created a diverse range of cocktails, each presented differently to highlight the best qualities and elevated experience of Dove Plant Milk Cleansing Bars."
  • Dove Plant Milk Cleansing Bars are now available in-stores and online at Walmart.com, and will be available nationwide at mass retailers beginning March 2024.

Evofem Biosciences Announces Strong Preliminary Results, Record Phexxi Net Sales for Fiscal 2023

Retrieved on: 
Thursday, February 1, 2024

SAN DIEGO, Feb. 1, 2024 /PRNewswire/ -- Evofem Biosciences, Inc. (OTCQB: EVFM) today announced strong preliminary, unaudited results for fiscal 2023, including record net sales of Phexxi® (lactic acid, citric acid, and potassium bitartrate), its hormone-free contraceptive gel, and the Company's lowest total operating expenses since becoming a commercial stage company in 2020.

Key Points: 
  • SAN DIEGO, Feb. 1, 2024 /PRNewswire/ -- Evofem Biosciences, Inc. (OTCQB: EVFM) today announced strong preliminary, unaudited results for fiscal 2023, including record net sales of Phexxi® (lactic acid, citric acid, and potassium bitartrate) , its hormone-free contraceptive gel, and the Company's lowest total operating expenses since becoming a commercial stage company in 2020.
  • Achieved preliminary net product sales in the range of $18.1 to $18.3 million in 2023, an impressive increase compared to 2022 given the 73% reduction in field force and absence of growth capital in 2023.
  • Company reached a key milestone with net product sales higher than sales and marketing expense for 2023.
  • Evofem expects to report full results for the three- and twelve-month periods ended December 31, 2023, in mid-March 2024.

The Outset Launches at QVC

Retrieved on: 
Tuesday, January 9, 2024

WEST CHESTER, Pa., Jan. 9, 2024 /PRNewswire/ -- QVC®, world leader in live video commerce ("vCommerce"), announced today that The Outset, the skincare collection founded by Scarlett Johansson and beauty expert Kate Foster, will launch live on QVC on January 9th during "Girls Night In with Courtney and Jane" at 9pm ET. Join Scarlett and Kate as they bring a fresh perspective to QVC Clean Beauty, proving that gentle formulas can be powerful, and effective skincare doesn't have to be complicated.

Key Points: 
  • At The Outset, healthy-looking skin starts with radically gentle skincare essentials, powered by plant-based hydration.
  • Scarlett and Kate are thrilled to expand the reach of the brand by connecting with the QVC audience and sharing tips for achieving the "Outset Effect" for glowing skin.
  • "I have the best memories of watching QVC when I was younger and used to dream about being on a QVC stage," said Scarlett Johansson, Co-Founder, The Outset.
  • "At QVC, we look for brands with inspiring stories behind their products and we were immediately drawn to what The Outset stands for," said Anna Baker, Vice President, General Merchandise Manager of Beauty, QVC.

Washington State HCA Removes Prior Authorization for Hormone-Free "In the Moment" Contraceptive PHEXXI Ahead of Huskies vs. Wolverines Championship Game

Retrieved on: 
Monday, January 8, 2024

SAN DIEGO, Jan. 8, 2024 /PRNewswire/ -- Multiple studies have shown that testosterone levels surge in men watching a favorite sports team compete. A major victory – like the Washington Huskies over the Texas Longhorns in the Sugar Bowl last week – can result in a 20 percent increase in testosterone for fans of the winning team. The hormone spike and overall thrill of victory can give rise to intimate celebrations requiring in-the-moment contraception to prevent unintended pregnancy.

Key Points: 
  • The hormone spike and overall thrill of victory can give rise to intimate celebrations requiring in-the-moment contraception to prevent unintended pregnancy.
  • Phexxi is the first and only locally-acting contraceptive gel approved by the FDA.
  • The improved coverage makes it that much easier for women on the state HCA's Managed Medicaid and Fee for Service Medicaid plans to get Phexxi.
  • Phexxi continues to be included on the Washington State HCA Preferred Drug List.

Shielded Beauty's Hand and Body Shield Purifying Lotion Named “Lotion Product Of The Year” In 2023 Beauty Innovation Awards

Retrieved on: 
Tuesday, November 14, 2023

LOS ANGELES, Nov. 14, 2023 (GLOBE NEWSWIRE) -- The 2023 Beauty Innovation Awards , an independent recognition platform showcasing the most outstanding companies, services, and products within the rapidly expanding Beauty industry today announced that Shielded Beauty is the winner of the “Lotion Product Of The Year” award in the fifth annual program for their Hand and Body Shield Purifying Lotion.

Key Points: 
  • LOS ANGELES, Nov. 14, 2023 (GLOBE NEWSWIRE) -- The 2023 Beauty Innovation Awards , an independent recognition platform showcasing the most outstanding companies, services, and products within the rapidly expanding Beauty industry today announced that Shielded Beauty is the winner of the “Lotion Product Of The Year” award in the fifth annual program for their Hand and Body Shield Purifying Lotion.
  • Shielded Beauty's Hand and Body Shield Purifying Lotion penetrates deeply to deliver instant hydration.
  • The 2023 Beauty Innovation Awards attracted thousands of nominations from around the world.
  • “The rich, velvety texture of Shielded Beauty’s Hand & Body Shield Purifying Lotion leaves skin feeling soft, nourished and exceptionally clean.

Aditxt, Inc. Enters into Definitive Agreement to Acquire Evofem Biosciences, Inc., Creator of Phexxi®, the First and Only FDA-Approved Hormone-Free Contraceptive Gel, to Address Diverse Reproductive Health Needs of Women Globally

Retrieved on: 
Tuesday, December 12, 2023

Pending a successful Transaction, it will also mark the establishment of a women's health mission within Aditxt's platform, aligning with global healthcare needs.

Key Points: 
  • Pending a successful Transaction, it will also mark the establishment of a women's health mission within Aditxt's platform, aligning with global healthcare needs.
  • Evofem is the creator of the first and only FDA-approved hormone-free contraceptive gel, Phexxi® (lactic acid, citric acid, and potassium bitartrate).
  • Like male contraception, female contraception should be adaptable to personal needs – not a daily burden, irrespective of actual necessity.
  • This innovation not only challenges the decades-long norm of daily hormonal contraception but empowers women with more personalized healthcare choices.