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Botanix Pharmaceuticals Limited ( (AU:BOT) ) has shared an announcement.
Botanix Pharmaceuticals Limited announced the issuance of 4.5 million performance rights and 13.5 million options exercisable at $0.11 each, expiring in 2030, as part of an employee incentive scheme. This move is expected to enhance employee engagement and align their interests with the company’s long-term growth objectives, potentially strengthening Botanix’s position in the pharmaceutical industry.
The most recent analyst rating on (AU:BOT) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Botanix Pharmaceuticals Limited stock, see the AU:BOT Stock Forecast page.
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 committed to advancing novel therapies for skin diseases and infections, leveraging its expertise in dermatological science.
Average Trading Volume: 8,929,196
Technical Sentiment Signal: Sell
Current Market Cap: A$315.3M
Learn more about BOT stock on TipRanks’ Stock Analysis page.