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The latest announcement is out from Botanix Pharmaceuticals Limited ( (AU:BOT) ).
Botanix Pharmaceuticals Limited has announced the application for the quotation of 121,212,122 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, potentially enhancing the company’s market presence and providing additional capital for its operations. The issuance of these securities could strengthen Botanix’s position in the pharmaceutical market, offering potential benefits to stakeholders by increasing the company’s financial flexibility.
More about Botanix Pharmaceuticals Limited
Botanix Pharmaceuticals Limited operates in the pharmaceutical industry, focusing on the development and commercialization of dermatology and antimicrobial products. The company is known for its innovative approach to treating skin diseases and infections, leveraging advanced drug delivery technologies.
YTD Price Performance: -3.41%
Average Trading Volume: 9,786,343
Technical Sentiment Signal: Sell
Current Market Cap: A$723.9M
See more insights into BOT stock on TipRanks’ Stock Analysis page.