Innovation Pharmaceuticals Inc (IPIX)

[thefamilyman]

Hell no! At this point $1 billion would not even be a decent downpayment for that patent. Uncle Sam better keep his greedy hands off my Brilicidin patent.


Ultimate01 said...

BARDA!

I cracked the code! When Leo called out the President he was thinking BARDA! One of the features if BARDA allows the Feds to totally buy out a Patent or partially buy etc PLUS prizes and incentives to develop the much needed antibiotic.

"One option would be complete delinkage. In this case, a drug developer might receive from the Federal Government a one-time lump sum payment that serves as a patent buyout and reward for bringing a new antibiotic to market. The Federal Government could contract with the drug company to produce antibiotic as needed, and limit clinical use to specific circumstances and certain pre-defined conditions. Under complete delinkage, buyouts in the range of $1 billion might be required."