Fresh Tracks shares are trading higher after the company announced an $8.25 million buyout of its right to receive future sofpironium bromide payments from Botanix.
Portfolio Pulse from Benzinga Newsdesk
Fresh Tracks (FRTX) shares are trading higher following the announcement of an $8.25 million buyout of its right to receive future sofpironium bromide payments from Botanix.
July 21, 2023 | 12:21 pm
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Fresh Tracks' stock is trading higher due to the buyout announcement of its future sofpironium bromide payments from Botanix.
The buyout of future sofpironium bromide payments from Botanix is a positive development for Fresh Tracks. This could potentially increase the company's revenue stream, which is likely why the stock is trading higher.
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IMPORTANCE 80
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