Innovation Pharmaceuticals Inc (IPIX)

[BioHedge]

If Brilacidin becomes a billion dollar drug CTIX's value will be 8 to 10x revenue (assuming they capture all revenue). Current sales multiples are 10.72 for bio-techs which would push CTIX's value north of 11B on Brilacidin alone. Again I expect a partnership but CTIX at an EV of 5B would put the stock at $40-$60/share.

Buffett made his billions through buying good companies and holding them long term. CTIX is showing every sign of being that type of investment. We're luckily to be involved at this stage. I expect CTIX to be my best investment ever five years from now.