Forum Topics BOT BOT ASX Announcements

Pinned straw:

Added a month ago

Botanix adds Payer coverage representing ~65 million commercial lives


Ascent Health, the second largest Payer organisation in the US, will now cover Sofdra™ (sofpironium) topical gel, 12.45%. Ascent Health represents approximately 65 million (or nearly 40%) of US commercial lives.

The Ascent coverage adds to the existing Payer coverage and coverage actively being finalised with Payers. The Company will share updates as coverage is announced in coming months, before our Sales Professionals begin calling on dermatologists

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02880659-6A1237535


DISC: Held in RL & SM

Arizona
Added a month ago

@Remorhaz At first glance it seems to be inline with "the plan".

Steady as she goes.


Held In RL and SM

16

mikebrisy
Added a month ago

@Arizona and @Remorhaz I agree. This entirely in line with the plan.

It hardly warrants a 6+% kicker in the SP. And I think this is just an indication of how jittery the market is on this stock.

The only real next information that matters is the product sales that will be reported in 2025. However, if they indicate that there is a good product-market fit here, with patients signing up and then taking refills, then these bounces on what I call "soft news" are only a precursor to what we might see next year.

Of all my holdings, $BOT has the largest upside potential in 2025.

Disc. Held

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