Bioxyne Enters Costa Rica, Panama Medicinal Cannabis Markets with Manufacturing, Supply Agreement with Remidose; Shares Rise 3%

MT Newswires Live

2025/12/11

Bioxyne (ASX:BXN) is set to enter the Costa Rica and Panama medicinal cannabis markets after entering a manufacturing and supply agreement with Remidose LATAM, a Costa Rican entity affiliated with Canadian medicinal cannabis firm, Remidose Aerosols, according to a Thursday filing with the Australian bourse.

Bioxyne's wholly-owned subsidiary, Breathe Life Sciences, will manufacture pharmaceutical-grade THC pastille products under the agreement. Supply under the agreement is subject to successful Therapeutic Goods Administration export approvals and relevant in-market product registrations, which the parties will progress immediately.

The agreement has an initial 12-month rolling term with automatic renewal. Based on indicative pricing and minimum volumes, the agreement represents potential annual revenue of over AU$1 million once full supply commences, per the filing.

Bioxyne's shares rose 3% in recent trading on Thursday.

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