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Isn't nine decimal points normal? lol Someone is concerned!
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Amazing with 1,109,017 shares traded. I would almost consider that a miracle.
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"There has been discussion about "Low Absorption" of Brilacidin in other indications (past Clinical Trials results) the implication is that maybe more than is safe would have to be administered to get the intended result.
That is far from the truth and reflects an ignorance on the issue (or just outright deception) of sometimes the drug maker wants HIGH Absorbtion and sometimes the want LOW Absorbtion, depending on the indication being treated.
The FACT IS, with Brilacidin and Covid-19. Brilacidin treatment for Covid-19 is by IV injection. So this whole issue of "low absorption" is not relevant as Brilacidin is 100% being placed into the bloodstream. The absorption issue only has to do with topical delivery and pills. For IBD diseases such as UC trials etc, IPIX wants low absorption.
So the entire discussion, if posters are trying to sow doubt or make an issue, it is a NON-ISSUE, esp. against Covid-19.""
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Leo is tenacious! Keep it coming Leo - will this be a multiple release week? maybe...
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Innovation Pharmaceuticals COVID-19 Clinical Trial to Support Additional Development of Brilacidin as a “Pan-Coronavirus” Therapeutic
Company advancing Brilacidin as a next-generation broad-spectrum antiviral for the treatment of common colds and deadly coronavirus infections
WAKEFIELD, MA – November 30, 2020 (GLOBE NEWSWIRE) Innovation Pharmaceuticals (OTCQB:IPIX) (“the Company”), a clinical stage biopharmaceutical company, today announces additional independent preliminary laboratory research suggests Brilacidin, the Company’s flagship defensin mimetic, has the potential to treat other endemic human coronaviruses (H-CoVs), such as those causing common colds, and not just SARS-CoV-2, the novel coronavirus responsible for the ongoing global COVID-19 pandemic.
Research shows Brilacidin exerted potent in vitro inhibition of multiple strains of H-CoVs. On completion of testing, the H-CoV findings are expected to be submitted for peer-review publication. The Company is evaluating these data alongside previously obtained SARS-CoV-2 data, strategizing with its scientific advisors and consultants, to develop Brilacidin as a “pan-coronavirus” therapeutic.
In related news, requisite documentation has been filed with the appropriate regulatory agencies, including an Investigational New Drug application (IND) with the FDA, for conduct of a multinational Phase 2 clinical trial of Brilacidin in patients hospitalized with COVID-19.
Innovation Pharmaceuticals believes Brilacidin is a clearly differentiated leading antiviral drug candidate backstopped by a growing library of laboratory data documenting Brilacidin’s potent ability to inhibit coronaviruses, primarily by disrupting viral integrity and blocking viral entry. The Company is planning to conduct additional in vitro and in vivo Brilacidin studies on multiple coronaviruses, to further inform the drug’s anti-coronavirus properties and prepare for potential future clinical testing.
“Given the alarming recent global spike in COVID-19 cases, coupled with a long-term perspective around the possibility of future pandemics, the appetite for novel anti-coronavirus therapeutics remains strong, as evidenced by Merck paying $425 million in cash last week to acquire OncoImmune to bolster its COVID-19 pipeline,” commented Leo Ehrlich, Chief Executive Officer at Innovation Pharmaceuticals. “Early data on vaccines are an encouraging development in combatting the virus. But vaccines have their own challenges—notably, reticence among the public to get vaccinated, combined with delivery obstacles and potential resistance developing due to mutations. Vaccines offer only a partial solution. Major pharma understands this and it is why they are making significant investments in promising COVID-19 therapeutics. The clinical trial of Brilacidin for COVID-19 will be instrumental in taking the first step to develop Brilacidin as a ‘pan-coronavirus’ drug, benefiting patients with illnesses ranging from variants of the common cold to the most serious coronavirus infections.”
Billions+++? What are your thoughts?
This article below says approximately $40 billion and it was from 2003 so I can only guess it is a lot more now.
This is no laughing matter SS....
https://www.webmd.com/cold-and-flu/news/20030224/cost-of-common-cold-40-billion#1
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Thank you Karin for the great post!
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Thank you Leo Ehrlich for buying Brilacidin!
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Thanks Karin, Brilacidin has worked in several other human trials and did extremely well at the RBLs so I suspect it will also make a meaningful impact for the treatment of COVID-19.
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Thank you and same too you! I also hope all longs are rewarded for their patients in the up and coming weeks.
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Agree 100%.
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I was hoping for a weekend release or anytime Friday after 2pm. In my opinion, nothing will change the share price until we get positive results from human trials. That's only weeks away.
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These are all good reasons I will not be getting the covid19 vaccine.
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And a new high.
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Awesome post Pete, thanks for taking the time to write this.
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I think you can relax because Brilacidin will be administered to people who are in the hospital. They will be there for the entire trial unless Brilacidin cures them in a couple of days, then they will leave. When they leave the trial will be over which will be a good thing (they are alive). Besides, I cannot dwell on the past because it does not change what is happening now.
I have a crap load more than $480 worth and will not consider selling until the human trials have concluded.
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Me too.
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Thanks for posting!
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FYI, I made the same mistake. Her name is spelled Karin.
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HT, you and I are thinking a lot a like lately.
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Great reminder Karin, Brilacidin has a lot of irons in the fire. Leo should be able to make some serious progress with human trials starting soon in EU.
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I was like you, I have not sell a single share and did add at $.11 along with my buddy. Hopefully we get really good results soon.
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Great post HT. I don't think the results will be long either once the human trials have commenced.
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Trials in a couple of weeks - results possibly before Christmas! that would be GREAT!
The question the American people will be asking IF the Brilacidin trials go well "why were the trials completed first overseas and not in the USA?"
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Awesome post Justfactsmam! $5 would be great but if Brilacidin is the Covid-19 killer we think it is the potential is huge. I like the way Leo is setting us up for success. The time is very close.
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Sounds pretty exciting Pete - that would be pretty big if the Euro Portion can be started sometime next week!
If Brilacidin shows efficacy against Covid-19 I would presume it would work against mutated versions although I am not a scientist.
Getting close...
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I think it doesn’t matter where Brilacidin goes as long as it gets into human trials and does well. If it cures people of COVID-19 the world will know and the share price will increase.
This could potentially put egg on the face of the FDA. We shouldn’t have to wait much longer.
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Great post!
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Let's go to Russia and get this party started!
Great post JFM.
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Nice find!
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WSBC - in my opinion you are right on all points!
Things are looking a lot better for IPIX now than the beginning of 2020. Out of everything bad comes something good. Lets hope the good out of the Covid19 crises is Brilacidin.
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Another great post! thanks,
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Thanks for your input and thoughts!
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Thank you for clarifying this for us. I hope Brilacidin has made it to its EU destination and is ready for human trials.
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Brilacidin
COVID-19 — Due to the global COVID-19 pandemic, the Company was approached by a number of organizations to research Brilacidin against the novel coronavirus. Material Transfer Agreements were signed with two academic institutions that operate Biosafety Level 3 Laboratories (BSL 3). Brilacidin drug substance (Brilacidin tetrahydrochloride) was provided for antiviral research.
The research data demonstrate that Brilacidin exerts potent inhibition of SARS-CoV-2 and thus supports Brilacidin as a promising COVID-19 drug candidate. Also of note, Brilacidin has demonstrated excellent synergistic antiviral activity when combined with remdesivir.
Research Highlights:
·Brilacidin potently inhibits SARS-CoV-2 in an ACE2 positive human lung cell line.
·Brilacidin achieved a high Selectivity Index of 426 (CC50=241µM/IC50=0.565µM).
·Brilacidin’s main mechanism appears to disrupt viral integrity and impact viral entry.
·Brilacidin and remdesivir exhibit excellent synergistic activity against SARS-CoV-2.
In a broader context, demonstration of Brilacidin’s direct antiviral activity against the SARS-CoV-2 virus, supports the drug’s unique 3-in-1 therapeutic potential—antiviral, anti-inflammatory, antimicrobial—to treat COVID-19 and its associated complications.
Given the safety and efficacy data already known about Brilacidin from pre-clinical and clinical studies utilizing multiple routes of administration, a Phase 2 clinical trial of intravenously-administered Brilacidin for COVID-19 is being planned, with a trial initiation targeted for the fourth quarter of calendar year 2020. The Company filed a pre-IND meeting request with the US FDA for the study of Brilacidin for the treatment of COVID-19. FDA feedback has been received and the Company is now finalizing the Phase 2 clinical protocol, and anticipates submitting a US IND application in November 2020 for its planned Phase 2, randomized, double-blind, placebo-controlled, multi-center study to evaluate the efficacy and safety of Brilacidin in COVID-19 hospitalized patients. Target enrollment is 120 patients. Contract Research Organizations have been secured to expedite trial enrollment, with many clinical sites expressing interest in participating in the study.
Partnering opportunities with industry and academic partners are ongoing regarding the COVID-19 program. The Company through discussions with industry, academic consultants, and potential partners will also explore investigation of treatment with Brilacidin by inhaled administration for the prevention of COVID-19 infection.
The Company is collaborating with a Regional Biocontainment Laboratory (RBL) for federal grants to fund continued research on Brilacidin as a treatment for SARS-CoV2. An earlier grant application was unsuccessful. At the time of that grant filing deadline, the only research data available was limited to non-human Vero cells. Subsequent to the filing, human cell line experiments were completed and the data is now available. Additional grant applications incorporating the new data are planned for submission before the end of 2020.
You are absolutely right - after the human trials are finished and he becomes the next billionaire!
Do you believe there is that much control over the sp? Please explain if you do... you can pm me if you want. It almost appears you know something the rest of don't know.
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I always learn something when you post Karen, thank you!
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Completely makes sense, Alphasigma is no joke and they are already familiar with Leo & Brilacidin. For them to go a forward with Leo is completely reasonable! Great post HT!
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Given his track record you might be right but I suspect he is really limiting information dissemination because of the stock manipulation that has been occurring since 2015.
My hope is that he continues to keep communications to minimum until human trials are underway and results are coming in.
We should know soon,
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How do you know he didn't?
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