BOT 16.9% 38.0¢ botanix pharmaceuticals ltd

Ann: Botanix Announces BTX 1503 Data and Progression to Phase 3, page-95

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    I think we'll see another announcement tomorrow morning.

    This timing is perfect. US come online later tonight and every firm and investor whose got big holdings or cares enough will have emailed them and have a response by morning.
    The main issue I'm reading here is about supply. Whether its cbd, vehicle or whatever, that appears to be whats gone wrong. They have identified that and immediately locked down a consistent, quality supply for all future trials. I dare say that maybe Purisys will be supplying all parts of the trial requirements not just the cbd component. The issue also reads as though its because of DEA in the US, which means if the supply is from the US and maybe Purisys have certain approvals in place, then maybe Australia will accept it also allowing for consistency. I could be wrong though, I am making assumptions, but I think I'm right in stating there was a problem caused by not having 100% of the same products across the board.

    There is definitely a need for more information to come out and I think it will.
 
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