Mark Foley, Revance

HR vi­o­la­tion push­es Re­vance co-founder out, vault­ing for­mer Zel­tiq chief to the helm

Months af­ter Re­vance amend­ed the terms of its Botox biosim­i­lar col­lab­o­ra­tion with My­lan, the Newark, Cal­i­for­nia-based drug de­vel­op­er dis­closed its co-founder Dan Browne is step­ping down, in what ap­pears to be mys­te­ri­ous cir­cum­stances.

The com­pa­ny — which is al­so de­vel­op­ing a ri­val to Al­ler­gan’s for­mi­da­ble Botox fran­chise — on Mon­day said Browne is de­part­ing “due to mis­judg­ment in han­dling an em­ploy­ee mat­ter,” that has al­so cul­mi­nat­ed in his res­ig­na­tion from Re­vance’s board of di­rec­tors.

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