Revance Therapeutics Inc (RVNC)

[DewDiligence]

…isn't it more likely that [Joshi] is still in charge of manufacturing but has been demoted from the number-two position and perhaps agreed to or had his new grants forfeited for a period due to the failed inspection?

You could be right, at least in a nominal sense; however, Joshi doesn’t seem to have the expertise to fix a mission-critical manufacturing problem, as far as I can tell (#msg-167846825).

I do not see who else would be able to take charge of manufacturing and preparations for Daxi approval at this point.

It could be an underling or a contract worker, which might be a better scenario for shareholders than if Joshi is still the head manufacturing honcho.