Enanta Pharmaceuticals Inc (ENTA)

[radford]

Enanta has always been well funded as a research boutique. But to go it alone on some of these products would require a massive investment in personnel in regulatory, manufacturing, commercial, supply chain, etc. and I never had a strong feeling that they were committed to that.

RVNC has made that commitment and suffers somewhat from the massive burn that comes with that strategic direction.

I am just playing a hunch as to why Enanta may be able to change strategic direction more easily with respect to their business as a whole. I could certainly be wrong but still I feel there is a very solid basis for my speculation. Time will tell.