Revance Therapeutics Inc (RVNC)

[jmkobers]

- they hired cosmetic sales force 3 months prior to cosmetic approval but won't sell therapeutic until end of Jan so still time for sales force to be hired/trained/deployed.
- I doubt you would know if they started to create a therapeutic sales team, how would you?
- will not ship until sometime in 2024 is in line with Dew's estimates/slow roll
- isn't behavior in line with acquiring a therapeutic partner?

But, I'll play. So they dropped to 18 so the buyout premium would look impressive? What do you think someone would pay? Does 100 million from ATM support or discourage your theory, I could see that going either way. Some of the behavior below seems odd, I'll give you that unless it's a therapeutic partnership. If it is, why not announce that now?