BTA 0.00% 57.0¢ biota holdings limited

there goes bta remaining cash, page-17

  1. 1,833 Posts.
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    These are the choice quotes from the release:

    "The Victorian Coalition Government is supporting Biota to expand its Notting Hill facility.."

    "Mr Rich-Phillips said the investment secured Biota's capacity and capability to deliver its commitments under the BARDA contract"

    "The investment will provide an opportunity to consolidate Biota's Notting Hill facility as the lead site globally for the ongoing development of the company's product pipeline, including anti-bacterial drug discovery activities."

    ""We recently released Victoria's Technology Plan for the Future – Biotechnology, a $55 million plan to support the life sciences sector to overcome current and future challenges, while promoting biotechnology-enabled innovation across Victorian industry"


    Now it doesn't actually put a dollar figure on what Biota has received, but from this it's pretty clear that the govt has made some kind of cash investment...even more reason why we need an announcement to clarify just what has been obtained from the government
 
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