middle.news

How Will Botanix’s A$45 Million Raise Accelerate Sofdra® Growth and Cut Costs?

9:52am on Tuesday 17th of February, 2026 AEDT Healthcare
Read Story

How Will Botanix’s A$45 Million Raise Accelerate Sofdra® Growth and Cut Costs?

9:52am on Tuesday 17th of February, 2026 AEDT
Key Points
  • A$45 million capital raising via two-tranche placement and underwritten SPP
  • Strong Sofdra® growth – 62,500 prescriptions, A$21.2 million net revenue
  • Negotiations underway to reduce API costs by 25–40% and diversify suppliers
  • Options offered to investors exercisable at A$0.06, subject to shareholder approval
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about BOTANIX PHARMACEUTICALS (ASX:BOT)
OPEN ARTICLE