Innovation Pharmaceuticals Inc (IPIX)

[Rdunn88]

The reason the PPS is jumping is not the approval, but the findings that would allow such. There's a review board that will approve if CTIX meets requirement. Other factors involved (rally) is the continued biotech bull-market (mergers/buyouts) and the potential P/B news. This all spells out a higher PPS.

http://www.fda.gov/ForIndustry/DevelopingProductsforRareDiseasesConditions/HowtoapplyforOrphanProductDesignation/default.htm