Innovation Pharmaceuticals Inc (IPIX): The average cost for a phase 3 in dermat...

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Innovation Pharmaceuticals Inc (IPIX)

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Re: Rdunn88 post# 166535

Friday, 12/23/2016 8:59:10 PM

Friday, December 23, 2016 8:59:10 PM

The average cost for a phase 3 in dermatology is only $11.5 million. Fortunately dermatology is the lowest cost phase 3 trial of all therapeutic areas studied. Another of the lower cost phase 3 trials is gastrointestinal at $14.5 million. Seems to me CTIX could afford to do both with existing shelf. Max out the value Leo!!!

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