Innovation Pharmaceuticals Inc (IPIX)

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Leo's Newsletter Update Today

My Fellow Cellceutix Shareholders,

We are pleased to inform you that Cellceutix Chief Medical Officer Dr. Daniel Jorgensen’s presentation at the European Congress of Clinical Microbiology and Infectious Diseases (ECCMID) on our completed Phase 2b trial comparing Brilacidin to daptomycin in the treatment of Acute Bacterial Skin and Skin Structure Infections (ABSSSI) has become public on the ECCMID website. Shareholders are encouraged to view the presentation at: http://eccmidlive.org/resources/a-randomized-double-blind-study-comparing-single-dose-and-short-course-brilacidin-to-daptomycin-in-the-treatment-of-acute-bacterial-skin-skin-structure-infections-absssi--2

We’d also like to point shareholders to an informative video created by BioCentury titled, “The Future of Cancer Therapies.” We found particularly interesting the discussion with the FDA’s Dr. Richard Pazdur and Dr. Amy McKee on the approval of the PARP inhibitor Lynparza to treat advanced ovarian cancer associated with defective BRCA genes. We are encouraged in the development of our anti-cancer drug Kevetrin by the FDA’s willingness to incentivize the regulatory processes for hard-to-treat diseases like ovarian cancer. The video is available at: http://www.biocenturytv.com/currentshows2 bcpid=4179652879001&bclid=4178277878001

Sincerely,

The Cellceutix Team


Forward Looking Statements
This shareholder update contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks, uncertainties and assumptions that could cause Cellceutix’s actual results and experience to differ materially from anticipated results and expectations expressed in these forward looking statements. Cellceutix has in some cases identified forward-looking statements by using words such as “anticipates,” “believes,” “hopes,” “estimates,” “looks,” “expects,” “plans,” “intends,” “goal,” “potential,” “may,” “suggest,” and similar expressions. Among other factors that could cause actual results to differ materially from those expressed in forward-looking statements are Cellceutix’s need for, and the availability of, substantial capital in the future to fund its operations and research and development; including the amount and timing of the sale of shares of common stock to Aspire Capital; the fact that Cellceutix’s compounds may not successfully complete pre-clinical or clinical testing, or be granted regulatory approval to be sold and marketed in the United States or elsewhere. A more complete description of these risk factors is included in Cellceutix’s filings with the Securities and Exchange Commission. You should not place undue reliance on any forward-looking statements. Cellceutix undertakes no obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events, except as required by applicable law or regulation.

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