Where are the details for the renegotiated royalties deal? I haven't seen anything in announcements? How do you know about it?
I'd be interested to understand whether TBH pay a royalty for the IP they've based their whole brand around (TBH = The Biofilm Hack), separate to the transactional license for the product formulation they use in their Acne Hack product.
Considering they've based their whole brand name and story around Biofilm and then only use the Next Science technology in one product, this suggests to me that Judith let her niece pull the wool over her eyes when creating TBH.
Ann: FY23 Annual Result Investor Presentation, page-7
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