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Botanix Signs Term Sheet with Second API Supplier to Cut Costs and Secure Supply Chain
9:00am on Thursday 16th of April, 2026 AEST
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Healthcare
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Botanix Signs Term Sheet with Second API Supplier to Cut Costs and Secure Supply Chain
9:00am on Thursday 16th of April, 2026 AEST
Key Points
Term sheet signed with Piramal for Sofpironium Bromide supply
Potential 25%–40% reduction in cost of goods sold
Supply chain diversification to mitigate risks
Technical transfer and development services to commence immediately
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Botanix Pharmaceuticals (ASX:BOT)
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