BOT 5.48% 34.5¢ botanix pharmaceuticals ltd

A lot to look forward to. We either stay in or bugger off with...

  1. 531 Posts.
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    A lot to look forward to. We either stay in or bugger off with your bat and ball.
    The company is still well funded and have the upcoming R&D refund coming (Last 3.67mill Oct 22) + Japan Sales Rev. Our cash burn also minimal

    End of Review Meeting to be held with the FDA probably @ 6 weeks away. Surely here BOT can present their case for hopefully an early response or possible downgrade of the grading from Type 2 to Type1 due to the relatively short process for completion of the Human factor Study. BOT already completed before as part of the original approval process , just need the revised instructions. The revised 'instructions for use' could be submitted at this meeting, leaving only the H.F Study to complete. An easy process. I know the FDA has their designated timelines (T1/T2), but would hope for a favourable response from the FDA at this meeting in regard to an early resubmission.
    Our original launch date aimed at Feb 24 but now aimed for directly after approval >> 3 months later the earliest >> May/June.

    Maybe Vinnie/Matt/Howie will stump up the 150K for the study. A sign of 'Yeah sorry ladies and Gents , we did it again.'what.png

    All we can do is follow the process to approval, just like last time. Get out if you need to get out, or trade the trade. Waters will be choppy for a while. Lifejackets on. But this ain't the Titanic.
 
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