OCC is another same same (reminder to self) for bloke.btw....bloke driving this has a history of delivering......and he is heavy into it.
OCC is another same same (reminder to self) for bloke.btw....bloke driving this has a history of delivering......and he is heavy into it.
How about their moving into phase 3 trial? Any merit in that news or hoax?Another small biotech with nothing. People should never hold these as investments, and yet it's obvious they do. Trade them early when the sentiment is positive and dump into the strength.
BTX 1503 didn't beat placebo in the US, so I have no idea why they'd want to do a phase 3. I don't know what they're thinking.How about their moving into phase 3 trial? Any merit in that news or hoax?
Market reacted very sharply today on negative side. So honestly dont understand this reaction. Must be something more.
Alan Kohler also raised eye brow on Botanix.BTX 1503 didn't beat placebo in the US, so I have no idea why they'd want to do a phase 3. I don't know what they're thinking.
The Aus figures show just how useless the scientific process is when it comes to drug trials (26% versus 41%, just by changing the location of the trial!). There's a guy in the US who has some very interesting ideas on placebo and its mechanisms. His experiments suggest it's a resonance effect, rather than (or as well as) expectation. If he's correct, it would throw big pharma into a tail spin they'll never recover from.
Speaking generally, science in medicine isn't what it's cracked up to be. The whole book needs to be re-written. Compared to advances in engineering, IT, transport, farming, etc. over the same time frames, they have very little to show for all the billions that are spent in research.
Will Botanix’s FDA green light for their BTX1801 lead to big things or just another pointless clinical trial? Thoughts anyone.Alan Kohler also raised eye brow on Botanix.
@Colm Doc first of all congratulations for making a decision to join on this fantastic group of ASF. I noticed less than 10 days you have posted 8 times and got 25% likings - must be a wanted poster . Keep it up. We need active participants.Will Botanix’s FDA green light for their BTX1801 lead to big things or just another pointless clinical trial? Thoughts anyone.
@Austwide - sorry. I was so wrong for Monday. But guess what , I could be still right for Tuesday compared to Monday's prices@Miner said Probably many more would join on Tuesday. Good luck
Anzac day public hol on Monday is only WA and ACT.
Pretty steady on opening today.
Yeah, great news today. How long do you think it will take them to bring any of their projects to commercial point?BOT has recovered very well since its share price collapse in March 2020 when it fell to a low of 2.2c. Today it has reached a high of 19c and looks set to break through the 20c mark.
Results from the TX 1801 Phase 2a Study were announced today and the market liked what the company reported:
All good news and no bad news recently for BOT. In the absence of any setbacks and given the clear progress being made with TX 1801, I think we can expect the share price to extend recent gains and head further north in the coming months.
- Top-line data showed that two different BTX 1801 formulations (ointment and gel) were safe, well tolerated and successful at eradicating Staphylococcus aureus.
- Eradication rates as high as 76.2% were obtained at Day 7 for BTX 1801 ointment, with eradication effects extending through to Day 28 of the study to 23.8%, despite no treatment after Day 5
- Botanix continues to assess the clinical utility of synthetic CBD for the treatment of a variety of infections and also develop its proprietary CBD analog assets
View attachment 119473
Yeah, great news today. How long do you think it will take them to bring any of their projects to commercial point?
I am new to this stock having been recommended it by a friend but the recent hiring looks like it might be a good thing.It's difficult to predict, but these latest results have just served to de-risk BOT substantially in the eyes of the market.
I imagine there would be quite a few large cap pharmaceutical companies keen to get into the cannabis space taking a serious look at BOT.
Jazz Pharmaceuticals just bought a cannabinoid drug maker for $7.2 billion.
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.