Revance Therapeutics Inc (RVNC)

[Emannow]

Hiring a therapeutic sales team will take a minimum of 2 months and another month to train…Plus they need MSLs. These therapeutic jobs will be list on their website and they have to be listed for a documented amount of days. The point is RVNC is burning expense money everyday and forgoing CD Daxxify sales dollars which would come from big teaching hospitals who are begging for a better product than Botox. The FDA approved Daxxify for CD a week early due to the amazing benefits and RVNC is sitting on it…just does not make sense! CD Daxxify sales are much easier than Cosmetic Daxxify sales…why stop the easy train?

The cosmetic PREV program was to ensure proper rollout and was also because there was a limited amount of Daxxify product to ship! They did not want to go into back order by selling too much to fast which was not explained until the end! There was big reason for the PREV and the slow roll…limited product!

Per my knowledge, the limited Daxxify product issue has been resolved. That should not be a CD Daxxify concern?

The RVNC management team are all very astute decision makers…why would they put their thumb on a product which would fly out the door and patients are waiting for. The CD Daxxify doctor training and planning should have been completed 2 to 4 months ago if RVNC was selling this product themselves….they should be loaded and ready…:why delay a good product…only conclusion is that there is additional steps needed to bring CD Daxxify to market and the management team is not allowed to share the full story. Again, a story behind the story!

My gut says the reason they did the ATM $100 million was just in case the BO did not get approved, they would have funds to build a therapeutic sales team. The RVNC management team will always have cash in their bank to ensure funds for any situation!

JMHO.