I prefer to invest in biotechs where there is no significant risk that the mechanism-of-action doesn't work. This means that the companies I choose tend to be less sexy than those followed by some of the other contributors on this board.
RVNC is a case in point. The MoA of botulinum-toxin is well known, and there is a high probability, IMO, that RVNC's RT002 will make it to market (#msg-123290722).
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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