BOT 6.25% 34.0¢ botanix pharmaceuticals ltd

BOT - Anything but charting, page-8423

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    Happy to be corrected, but my understanding of the market differences are as follows

    * Manufacture cost is $70 per script, so margin should be higher than 50% based on $700 per script
    * Japanese market growth is through organic growth as advertising is not permitted in Japan, so the penetration in the US market should be greater (given time)
    * Auto script repeat should also help in growth
    * Low or zero out of pocket costs should broaden market in the US compared with Japan
 
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