Will the Botox Cost Rise Because of Tariffs?

Photo-Illustration: by The Cut; Photo: Getty Images
Asking for a friend. —Anonymous
Cosmetic procedures may be luxuries for most Americans, but interestingly, Botox is not subject to the tariffs that went into effect last week. So rest assured that, no, Botox is not getting more expensive. The neuromodulator, like others such as Jeuveau, Xeominand Dysportis a drug, and pharmaceuticals are not included the tariffs imposed by President Trump last week. However, injectable hyaluronic-acid fillers (think Restylane, OERand Juvéderm) are classified as medical devices, so any of those products manufactured in other countries field subject to tariffs.
Evolutiona company that distributes Jeuveau, a (for now un-tariffed) neuromodulator manufactured in South Korea, plans to launch Evolyssea collection of two injectable hyaluronic-acid treatments this spring. “Evolysse is classified as a medical device and subject to tariffs. However, we are evaluating the potential impact of the proposed tariff changes and have not made decisions to adjust pricing,” a company spokesperson says. That decision could change, of course. (The Cut reached out to other cosmetic-injectable manufacturers and distributors, including Merz Aesthetics, Galdermaand AbbViethe makers of Botox, to ask about price increases but hasn’t heard back yet.)
Pharmaceutical companies may decide to raise prices on their fillers but not their neuromodulators, or, based on operational costs, they may issue price increases on all their products. “This, as we’ve seen, is a very fluid situation with near-constant changes. Increased pricing may hold true for any injectable product produced outside the United States,” says board-certified plastic surgeon Sean McNallyMD, who uses fillers and neuromodulators as the lead provider at Doctor PDX and Réviance in Portland, Oregon.
For now, it seems most of the industry is in a holding pattern. Michael KennisMD, founder and chief medical officer of Velor Medicala concierge-style medical-aesthetics company in New York City, says he is committed to shielding his clients from any immediate pricing changes. “We’re not looking to pass temporary economic volatility onto our patients,” he says. “Our approach is to adapt internally first — optimizing operations behind the scenes before considering any adjustment to pricing.”
But aesthetic clinics and med-spa chains that are operating on slim margins and are able to charge less for cosmetic treatments than physicians may have to raise their prices soon. “I’d be surprised if injectable providers will just eat the increased costs, as the profit margins are already pretty thin in the injectable market,” McNally says. “The effects of higher pricing will depend on the clientele the provider sees and the effects of the current financial downturn on their appetite for these types of elective treatments.”
Kennis says he already thinks he knows how his patients will react: “If anything, luxury discretionary spending may shift — the next designer handbag might wait, but their injectable appointment will stay on the calendar.”
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