Innovation Pharmaceuticals Inc (IPIX)

[DaubersUP]

Risk vs Reward is exactly what one should be looking at. Moving 3 drugs through mid stage trials eliminates extreme risk. Two drugs through phase 2b with the blessing of the fda eliminates MAJOR risk.

Look up the percentages. To get thru phase 2 one has a 30% chance to approval. Once you get thru phase 2b and sit at the start of phase 3 you have a mid 60% chance to approval.

Those odds just doubled to make it.

Evaluate the risk vs reward. I’ll put my money on making it to market on one of 3 drugs. ONE OF THREE!!! Another fact that de-risks this investment.