BOT 8.70% 31.5¢ botanix pharmaceuticals ltd

BOT - Anything but charting, page-3925

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    Some of us recall that after the phase 2 acne with one arm successful (AUZ) and the second arm(USA) unsuccessful with contingencies, the FDA took it upon themselves to agree that in part, rosacea has an antimicrobial element to it and consequently said that if rosacea phase one failed, so would acne go down with it. So it was a risky venture going with rosacea but BOT had no choice. In for a penny or a dime in for a pound of a buck.
    So I have temporarily forgotten the chronology exactly but I believe SB came after a successful, infact a very successful rosacea phase one.
    And by default, this sets up the possibility of actually doing the phase 3 acne.

    Which will happen. But will BOT be doing it is the more than a billion dollar question ?

    Hope this summary helps but it does show how doors can close and yet can be re-opened when you least expect it.
 
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