Innovation Pharmaceuticals Inc (IPIX)

[Loose Lips]

Let's pretend we are in some fantasy universe in which K is a total failure in the later phase 2 trials: how does it even occur to you that it would be presented at ASCO? For one ASCO would not accept a presentation on a failed drug and two, CTIX wouldn't be dumb enough to make the submission. So that scenario is out of the equation.
But let's keep going. If K has failed but B is a success CTIX is still a revolutionary biotech company and will be worth many billions. As you stated; B has single handedly derisked CTIX. So in your scenario we are still a 10x and above return from today's levels. Why would investors and big pharma pass on owning or partnering with B just because a totally different drug in the CTIX pipeline didn't work? That makes no sense at all.
I don't understand the daily chiken little "sky is falling" posts, when your scenarios are not even based in reality.