Dermatology-focused with FDA-approved SOFDRA for hyperhidrosis
Historical delivery and spending consistency. Data is limited for recently added companies.
Outcome quality (positive/negative readouts) reflects the science, not execution — shown above but excluded from the score.
These metrics reflect historical operational data only. They are not predictive of future performance, do not constitute investment advice, and should not be used as the basis for any investment decision.
Australian biotechs with < $20M aggregated turnover can claim a 43.5% refundable tax offseton eligible R&D expenditure each financial year (Jul–Jun). This is paid as a cash refund by the ATO — not a tax deduction — making it non-dilutive capital that directly extends cash runway.
Companies register eligible R&D activities with AusIndustry during the year, then lodge their tax return after 30 June. Refunds typically arrive October–Decemberof the same calendar year. For a company spending $5M/year on R&D, this is a ~$2.2M annual cash inflow.
Peer-reviewed papers & conference abstracts via PubMed
| Event | Type | Confidence | Impact | Date | Status |
|---|---|---|---|---|---|
| BX002 Phase 2 acne topline data Phase 2 results for acne vulgaris candidate | data readout | Expected | arrow_upwardHigh | 30 June 2026 | Upcoming |
| SOFDRA quarterly revenue update Quarterly update filed (auto-resolved) | commercial milestone | Confirmed | arrow_upwardHigh | 28 Apr 2026 | Completed |
| Results posted — A Safety and Efficacy Study of BBI-4000 in Subjects With Axillary Hyperhidrosisopen_in_new Results available at https://clinicaltrials.gov/study/NCT02336503 | data readout | Confirmed | arrow_upwardHigh | 13 Apr 2026 | Completed |
| Results posted — A Non-Interventional Study To Assess Sweatingopen_in_new Results available at https://clinicaltrials.gov/study/NCT02552199 | data readout | Confirmed | arrow_upwardHigh | 13 Apr 2026 | Completed |
| Results posted — A Safety, Tolerability and Preliminary Efficacy Study of BBI-4000 Gel in Subjectopen_in_new Results available at https://clinicaltrials.gov/study/NCT02682238 | data readout | Confirmed | arrow_upwardHigh | 13 Apr 2026 | Completed |
| Results posted — Study of the Safety, Tolerability and Efficacy of BTX 1204 in Patients With Modeopen_in_new Results available at https://clinicaltrials.gov/study/NCT03824405 | data readout | Confirmed | arrow_upwardHigh | 13 Apr 2026 | Completed |
| Results posted — Safety and Efficacy Study of Sofpironium Bromide in Subjects With Axillary Hyperopen_in_new Results available at https://clinicaltrials.gov/study/NCT03948646 | data readout | Confirmed | arrow_upwardHigh | 13 Apr 2026 | Completed |
| Results posted — A Confirmatory Safety and Efficacy Study of BBI-4000 in Subjects With Axillary Hopen_in_new Results available at https://clinicaltrials.gov/study/NCT03024255 | data readout | Confirmed | arrow_upwardHigh | 13 Apr 2026 | Completed |
| Results posted — A Safety Study of BBI-4000 Gel in Patients With Axillary Hyperhidrosisopen_in_new Results available at https://clinicaltrials.gov/study/NCT03627468 | data readout | Confirmed | arrow_upwardHigh | 13 Apr 2026 | Completed |
| Results posted — A Safety Study of BBI-4000 Gel in Pediatric Patients With Axillary Hyperhidrosisopen_in_new Results available at https://clinicaltrials.gov/study/NCT03785587 | data readout | Confirmed | arrow_upwardHigh | 13 Apr 2026 | Completed |
| Results posted — Safety and Efficacy Study of Sofpironium Bromide in Subjects With Axillary Hyperopen_in_new Results available at https://clinicaltrials.gov/study/NCT03836287 | data readout | Confirmed | arrow_upwardHigh | 13 Apr 2026 | Completed |
| Results posted — Evaluation of BTX 1503 in Patients With Moderate to Severe Acne Vulgarisopen_in_new Results available at https://clinicaltrials.gov/study/NCT03573518 | data readout | Confirmed | arrow_upwardHigh | 13 Apr 2026 | Completed |
| Results posted — Evaluation of BTX 1503 in Patients With Moderate to Severe Acne Vulgarisopen_in_new Results available at https://clinicaltrials.gov/study/NCT03573518 | data readout | Confirmed | arrow_upwardHigh | 8 Apr 2026 | Completed |
| Results posted — A Safety, Tolerability and Preliminary Efficacy Study of BBI-4000 Gel in Subjectopen_in_new Results available at https://clinicaltrials.gov/study/NCT02682238 | data readout | Confirmed | arrow_upwardHigh | 8 Apr 2026 | Completed |
| Results posted — Safety and Efficacy Study of Sofpironium Bromide in Subjects With Axillary Hyperopen_in_new Results available at https://clinicaltrials.gov/study/NCT03836287 | data readout | Confirmed | arrow_upwardHigh | 8 Apr 2026 | Completed |
| Results posted — A Non-Interventional Study To Assess Sweatingopen_in_new Results available at https://clinicaltrials.gov/study/NCT02552199 | data readout | Confirmed | arrow_upwardHigh | 8 Apr 2026 | Completed |
| Results posted — Safety and Efficacy Study of Sofpironium Bromide in Subjects With Axillary Hyperopen_in_new Results available at https://clinicaltrials.gov/study/NCT03948646 | data readout | Confirmed | arrow_upwardHigh | 8 Apr 2026 | Completed |
| Results posted — A Safety Study of BBI-4000 Gel in Pediatric Patients With Axillary Hyperhidrosisopen_in_new Results available at https://clinicaltrials.gov/study/NCT03785587 | data readout | Confirmed | arrow_upwardHigh | 8 Apr 2026 | Completed |
| Results posted — A Safety and Efficacy Study of BBI-4000 in Subjects With Axillary Hyperhidrosisopen_in_new Results available at https://clinicaltrials.gov/study/NCT02336503 | data readout | Confirmed | arrow_upwardHigh | 8 Apr 2026 | Completed |
| Results posted — A Confirmatory Safety and Efficacy Study of BBI-4000 in Subjects With Axillary Hopen_in_new Results available at https://clinicaltrials.gov/study/NCT03024255 | data readout | Confirmed | arrow_upwardHigh | 8 Apr 2026 | Completed |
| Results posted — Study of the Safety, Tolerability and Efficacy of BTX 1204 in Patients With Modeopen_in_new Results available at https://clinicaltrials.gov/study/NCT03824405 | data readout | Confirmed | arrow_upwardHigh | 8 Apr 2026 | Completed |
| Results posted — A Safety Study of BBI-4000 Gel in Patients With Axillary Hyperhidrosisopen_in_new Results available at https://clinicaltrials.gov/study/NCT03627468 | data readout | Confirmed | arrow_upwardHigh | 8 Apr 2026 | Completed |
| AAD 2026 presentation Presented at AAD 2026 annual meeting (Mar 26-29, San Francisco) | conference presentation | Confirmed | removeMed | 28 Mar 2026 | Completed |