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How Will Botanix’s A$45 Million Raise Accelerate Sofdra® Growth and Cut Costs?
9:52am on Tuesday 17th of February, 2026 AEDT
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Healthcare
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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
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