BOT 2.63% 37.0¢ botanix pharmaceuticals ltd

Update out - no need for panic, page-2

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    My question is, they have terminated the licensing arrangement with Proxima (good.)

    However in point 4, 2nd last paragraph they say they are in discussion to obtain some interest in BN006 pending the outcome of the current studies. So... terminated the license means they don't own any commercial benefit to potential pending BN006 trial success?

    What does this company have then? $2m and nothing cooking?
 
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