BOT 4.29% 36.5¢ botanix pharmaceuticals ltd

Ann: Permetrex Outperforms Other CBD Topical Products, page-53

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 164 Posts.
    lightbulb Created with Sketch. 26
    The aims were:

    1.       To show commercially available OTC topical products that contain CBD, fail to live up to the claimed content of CBD
    2.       To show commercially available OTC topical products that contain CBD, fail to deliver a therapeutically effective amount of CBD to the skin layers involved in the pathogenesis of common skin diseases

    Did they succeed? Yes. But to what end?

    I am slightly disappointed with this move for several reasons:

    1.       None of those OTC products were FDA approved I am assuming. If you are going to compete, go out and compete against topical products that have been approved.
    2.       One must question the quality of such OTC products when they all contain not even 20% concentration in the whole bottle, which could mean even the concentration that was in there was so badly diluted or spoiled, it was a no contest.
    3.       The Permetrex technology used needs to stand up against other products that are used for treating Acne, Derma, and Psoriasis. Not some ointment or some cream people use for pain or repair.
    4.       This was a test against OTC products, not pharmaceutical products. Does anyone else see something wrong here? Has he changed his mind about going pharmaceutical? If he believes in the technology, why not compare to other pharmaceutical products?

    We all know the technology works Matt!
    But we still don’t really know to what end against world class products.

    I am Just being critical.
    Last edited by Lacan: 26/02/19
 
watchlist Created with Sketch. Add BOT (ASX) to my watchlist
(20min delay)
Last
36.5¢
Change
0.015(4.29%)
Mkt cap ! $707.4M
Open High Low Value Volume
35.0¢ 37.0¢ 34.5¢ $2.546M 7.049M

Buyers (Bids)

No. Vol. Price($)
5 280907 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
36.5¢ 125495 3
View Market Depth
Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
BOT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.