Botanix Pharmaceuticals LimitedASX: BOT

Botanix reaches term sheet agreement with 2nd API supplier

· Issued by Botanix Pharmaceuticals Limited

Filed with ASX · · 2 pages · English

Summary by 6ix AI

Botanix Pharmaceuticals Limited has reached a term sheet agreement with PPL Pharma Solutions Riverview LLC for a manufacturing and supply arrangement. This agreement will allow Piramal to serve as an alternate commercial supplier of Sofpironium Bromide, the active ingredient in Sofdra®. The arrangement is expected to reduce the cost of goods sold and enhance gross profit for Botanix.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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