Revance Therapeutics: The Real Threat To AbbVie's Dividend

About: Revance Therapeutics, Inc. (RVNC), Includes: ABBV
by: Robert Falcone
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Robert Falcone
Long-term horizon, value, Deep Value

DaxiBotulinumToxinA (Daxi) is Revance Therapeutic's Phase III competitor to Allergan's BOTOX.

Following successful completion of the SAKURA trial Revance is expecting initial launch of DAXI in 2020 for Glabellar lines.

Expected cosmetic and therapeutic approvals in the next few years should result in significant share price appreciation, mostly coming at AbbVie's expense.

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