WA biotech hit with $1.8M penalty for misleading market during pandemic

ASIC 2024-03-20 3:49 pm By Sam Matthews | Melbourne

A judge has ordered Western Australian biotech Holista Colltech to pay a penalty of $1.8 million for making misleading representations to the market about sales of its natural sanitiser product during the height of the COVID-19 pandemic, and hit its CEO with a four-year ban.