Bioxyne's Unit Receives AU$1.7 Million Funding for UK Medical Cannabis Facility; Shares Fall 5%

MT Newswires Live

2025/11/17

Bioxyne (ASX:BXN) said its unit Breathe Life Sciences UK has received funding of about AU$1.7 million from South of Scotland Enterprise to establish a medicinal cannabis manufacturing and distribution facility in the UK, according to a Monday filing with the Australian bourse.

Application for the required licences will be completed in 2026, the filing said.

Shares of the company fell 5% in recent Monday trade.

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