BOT 2.82% 34.5¢ botanix pharmaceuticals ltd

"with only a 30% success rate in companies passing phase 2...

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    "with only a 30% success rate in companies passing phase 2 trials"

    I believe the figure of 30% is for all trials - the success rate for trials using topical application are not separated out and can be expected to be higher than 30%.

    Further, BOT has at least three products in the pipeline and, IMO, another potential mystery product, so when one does one's sums 8.1 cents appears farcical.

    I just watch the strange antics with glazed detachment and cynicism.
 
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