Innovation Pharmaceuticals Inc (IPIX)

[sox040713]

I'm so glad I found this stock six years ago. Back then there was no clinical trial and the daily volumes were less than 10K (sometimes zero). Now there are eight trials with five successful and the other three will release top-line results either this quarter or next. Multiple CNDAs have been signed on K/B/P.

Celgene's Crohn's disease drug just failed Phase 3 so they might be looking for a replacement in B-UP. B-OM's interim analysis was very couraging and I expect the final result to be positive. At least one BP would be interested in an oral rinse drug that'll dominate a $1B market. P and K-OC could also interest a partner if result is positive.