Intellipharmaceutics International Inc. (IPCI)

[J_Cali]

Pain therapeutics does have an active lawsuit by shareholders and I thought the 8million dollar settlement would have been resolved by now. Stock should dip with a 8m hit on their cash. I'll have to see what's buried in their sec fillings in their next report. The two risk with PTIE is a lawsuit dip and if they actually merge on unfavorable terms buts its almost 100% certain they will get approved after addressing a couple additional studies given all their previous CRLs. I do wonder if Ipci has figured out the manufacturering aspect of Podras on a large scale.... Pain's pain was drug lot to lot variation in manufacturering their product for some dosage strengths.

Their manufacturer partner is Mallinckrodt.

Fully diluted they have more shares o.s. than ipci.

Did we here about the adcom vote for inspirion pharma?