BOT 0.00% 37.5¢ botanix pharmaceuticals ltd

BOT has to pay substantial royalities (license payments) to...

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    BOT has to pay substantial royalities (license payments) to their licensor. They will look to make a one-off payment to the licensor in order to reduce these royalties. It will be cheaper (but riskier) to do it now, as there is no FDA approval / USA revenue. It ultimately means they can keep more of the income from sales.
 
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