Source: Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Clinical dermatology company, Botanix Pharmaceuticals (ASX:BOT) has submitted the last label materials to the US Food & Drug Administration (FDA) for the approval of Sofdra™ a pending prescription treatment for excessive underarm sweating.

Botanix, which is based in Phoenix and Philadelphia, described the label discussion phase as the final step for Botanix before the anticipated FDA approval of Sofdra and said this involved discussions on product carton design and wording of information that is provided  to patients and physicians about the product.

Botanix said FDA-approval for Sofdra remains on target for 21 June, 2024 and success would represent the approval of a chemical entity for excessive underarm sweating, known as primary axillary hyperhidrosis.

Botanix Chief Executive Officer, Howie McKibbon, commented: “Our team has been highly focused  on completing these last label components, well in advance of approval.”

“Our label and packaging materials are an important part of the materials that we will use to communicate important safety and efficacy information upon approval of Sofdra.”

BOT was trading flat at 27.5 cents.

BOT by the numbers
More From The Market Online

Provaris Energy’s hydrogen tanker fabrication to recommence; shares up 6%

Provaris (ASX:PV1) has announced fabrication of its prototype hydrogen tanker is to recommence in 2025, pushing…
Image of a woman holding a bottle of hemp oil

Little Green Pharma jumps into distribution with acquisition

Little Green Pharma is aiming to make the strategic acquisition of HH (Australia) Pty Ltd to…
Market Update Graphic

ASX Market Update: Index sheds another 1% as Discretionary stocks lead broad selloff | December 20, 2024

The ASX200 has been down 1% at 8,084 points.
A rubbish truck dumping landfill

‘Meaningful step towards our target’: Cleanaway JV opens door to monetising landfill gas

Cleanaway Waste Management has entered a joint venture with LMS Energy Pty Ltd to enable landfill…