Innovation Pharmaceuticals Inc (IPIX)

[BioHedge]

I hope you're right on the Prurisol front. The only people who have a gut feel, are those looking at the raw data. But my experience has been that Leo has never been known to play his cards close to the vest. The fact that he hasn't been dropping hints about Prurisol tells me a lot about how the trail is going . Not that it's been a bust but it's certainly not a homerun (again just my opinion).

To reiterate, I'm reading the first cuts of the Prurisol data are murky and they really won't know the results until all the data is gathered and analyzed. Again, a 10-15% separation from placebo for Pruisol would be the same as what Otezla had and that's a multi-billion dollar drug.

My whole point is that we don't need to hit home-runs at every at bat... just get on base consistently and the multi-million dollar contracts will come flowing in. Who is more valuable to a team, a guy who bats .350 or a guy who crushes it every now and then? I'll take the .350 batter over a home-run hitter any day of the week.