BOT 3.70% 39.0¢ botanix pharmaceuticals ltd

New Hartley Analyst report on Bot, page-89

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    The only bit I'd correct is that it is not a certain 6-months for the further FDA review - it's "up to" 6 months, thus giving the FDA the potential to approve the drug before July next year (or whenever 6 months from resubmission is). Perhaps with it being such minor amendments to the application, the FDA may make a decision sooner rather than holdout for the full 6 months. Not saying it will happen like that - just saying the potential is available. I think BOT management are choosing the wiser course and giving dates that allow for the lengthiest option - better to surprise the market with good news of an earlier progression date than justify further delays IMO.

    It would be nice if management provide a bit of an update following the FDA 30-day review meeting.
 
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