Botanix Pharmaceuticals LimitedASX: BOT

Botanix Capital Raising to Extinguish Milestone & Royalty

· Issued by Botanix Pharmaceuticals Limited

Filed with ASX · · 5 pages · English

• Botanix has received firm commitments for A$12.5 million via an institutional placement • Proceeds expected to be primarily used to extinguish the future milestone and royalty payments due to Fresh Track Therapeutics Inc in respect of Sofpironium Bromide • A number of new institutional investors with life sciences expertise have committed under the placement, which was led and supported largely

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