logo-loader
Retail & consumerMedia
viewProactive Investors Australia

Botanix Pharmaceuticals Ltd attracts investment from its own chairman

Botanix listed on the ASX in July 2016 by way of reverse takeover.

empt_boardroom,_sized_58117623c5231.png
Graham Griffiths, chairman, recently purchased 1 million shares.

Botanix Pharmaceuticals Ltd (ASX:BOT) recently saw 1 million shares purchased on market by its very own chairman – Graham Griffiths.

Botanix is a medical dermatology company developing treatments for serious skin diseases and its board and management own over 23% of the company.

One such skin disease is acne, affecting 50 million people creating a market valued near $3 billion.

By harnessing the ingredient cannabidiol, Botanix is preparing for the first human trials utilising its proprietary drug Permetrex™.

The company recently presented at the 7th Annual Australian Microcap Investment Conference where it exhibited why it might have the holy grail of acne treatments.

Botanix listed on the ASX in July 2016 by way of reverse takeover – shares are now trading more than double the prospectus offering price of $0.02.

Quick facts: Proactive Investors Australia

Price: 0 0

ASX:.
Market: ASX
Market Cap: £0.00
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Shekel Brainweigh progresses Hitachi Europe R&D and...

Shekel Brainweigh Ltd (ASX:SBW) country manager for Australia Danny Nadri updates Proactive on progress with its signed Hitachi Europe R&D and commercial collaboration agreement.  The automation joint development and marketing agreement is for first-of-its-kind autonomous retail...

2 days, 18 hours ago

RNS

Form 8.3 - Just Eat PLC

2 days, 2 hours ago

Form 8.5 (EPT/RI) - Amendment

2 days, 2 hours ago

Form 8.5 (EPT/RI) - Amendment

2 days, 2 hours ago

Issuance of Securities

2 days, 3 hours ago

Rule 2.9 Announcement

2 days, 3 hours ago

Change of Adviser

2 days, 3 hours ago

Form 8.3 - Just Eat plc

2 days, 4 hours ago

2 min read