BOT 16.9% 38.0¢ botanix pharmaceuticals ltd

NEU sold its commercial future for ..1. Upfront payment 100 -...

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    NEU sold its commercial future for ..
    1. Upfront payment 100 - 130mln - once off !! plus
    2. Tiered royalties from 20mln to 40mln p.a.

    e.g. 10% for 200mln to 500mln of sales of its product


    now look at the future of BOT: from 300 000 prescribtions ..
    1. Potential Sales usd 225mln at 80% margin gives us usd 180mln Gross profit ..less 30mln admin cost >> approx 150mln Ebita or approx 100mln Net Profit..

    Plus we own our destiny ..our upside is far larger..
 
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