Innovation Pharmaceuticals Inc (IPIX): It's great news. TWO drugs will be...

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Innovation Pharmaceuticals Inc (IPIX)

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Wednesday, 09/30/2015 9:30:02 AM

Wednesday, September 30, 2015 9:30:02 AM

It's great news.

TWO drugs will be in phase 3 beginning of year with kevetrin in phase2 sometime in 2016

TWO drugs Will most likely get FDA approval in 2017

Remember the number 1 barrier to approval are SERIOUS AE
2nd is efficacy
P2 is the most difficult to pass.

Odds of approval in P3 vary but generally are 70-80% for drugs submitted for FDA approval
As far as I'm concerned we are good to go.

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