Replies to post #214876 on Biotech Values

[linhdtu]

OT: interesting factoid about botox

https://www.bloomberg.com/news/features/2017-10-26/inside-fort-botox-where-a-deadly-toxin-yields-2-8-billion-drug

and derek lowe on tox in general

http://blogs.sciencemag.org/pipeline/archives/2017/11/06/theres-toxicity-and-theres-toxicity

[DewDiligence]

RVNC’s pro forma cash balance is $313.7M. This figure consists of: $134.8M of net currents assets on the 9/30/17 balance sheet (https://www.sec.gov/Archives/edgar/data/1479290/000147929017000042/rvncq31710q.htm#s566245125C215CE2A164C516887ADD48 ); and $178.9M net proceeds from today’s public offering (assuming an industry-standard 6% underwriting fee and exercise of the underwriter’s option).