BOT 1.35% 37.5¢ botanix pharmaceuticals ltd

Ann: Updated Investor Presentation, page-45

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    I don't see why big pharma would buy a 'combination' when the the trials for BTX1503 are been conducted without the use of Permetrex, if BTX1503 has patent protection - as the company claims - and the trials are being done by applying the stuff similarly to the way one puts sunscreen on, then why would they be paying for something that wasn't part of the trials?
 
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