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How Botanix’s API Deal Deferral Could Transform Sofdra’s Market Launch
9:22am on Monday 30th of March, 2026 AEDT
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Healthcare
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How Botanix’s API Deal Deferral Could Transform Sofdra’s Market Launch
9:22am on Monday 30th of March, 2026 AEDT
Key Points
API purchases originally due in April 2026 and January 2027 deferred to December 2027 and 2028
No API purchases required before December 2027 following recent procurement
Ongoing efforts to secure an additional API supplier to reduce costs by 25-40%
Deferral combined with potential capital raise to support Sofdra launch and fulfilment platform
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BOTANIX PHARMACEUTICALS (ASX:BOT)
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