Innovation Pharmaceuticals Inc (IPIX)

[To infinity and beyond!]

2015 vs 2016. Now resigning myself to likely sustained prices above 3, any real movement in share price is many months away. There is no driver to move the stock. The recent email from leo that was posted about CTIX products(a couple weeks back)worries me. Gi applications for B are the jackpot? There are drugs for distal ulcerative colitis that work already, and while any new therapy is good, will it be a blockbuster? You choose a far far away from market drug as the big winner? it is a bit like the objection from the gumshoe site about biotechs- it is always about potential.

I would have thought Kevetrin was the most likely CTIX blockbuster. And no likely news from K for many months now with new protocols.

B approval for phase 3 expected. B OM continues roll out. All excellent news but nothing to move CTIX share price anywhere anytime soon.

It is a slow process.

The only certainty would seem to be that whenever I buy shares the price drops lower