BOT 0.66% 38.3¢ botanix pharmaceuticals ltd

sorry, one more question from the annual report did anyone catch...

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    sorry, one more question from the annual report

    did anyone catch that they have a provision for ~1.8m write down of 3.0m of inventory?

    Didn't they state after FDA failure that the bulk product had a very long shelf life/stable and expiry only started when bottled/packaged? did they bottle/package a whole bunch of inventory before the first FDA approval submission triggering expiry that they have to now dispose off?

    Not that this is incredibly material but I'm still interested in understanding what has happened here

    https://hotcopper.com.au/data/attachments/6485/6485466-a8f6d206e386dd3cb8f35ae967e90605.jpg
 
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