Innovation Pharmaceuticals Inc (IPIX)

[Rdunn88]

Cellceutix has more options going forward by staying independent with their financing. If they sold part of the company for a B deal, that would limit a "complete buyout" to all parties (biotech/drug). Example: Bristol-Myers signs a B deal with CTIX, Bristol probably has a clause in place where they have first rights for a complete buyout of the company... Now, CTIX is/has multiple options as the trials proceed...