Innovation Pharmaceuticals Inc (IPIX)

[PlentyParanoid]

Likeliest reason for silence: nothing to report

1. As I have pointed out before a company with much better resources than IPIX spent 100 days before reporting results from a psoriasis trial comparable in size to prurisol phase IIb (That would be Celgene with Otezla). We have yet to hit day 90 with prurisol. Nothing to report, unless you yearn Leo to publish day counters in an effort to earn biotech's dunce of the year cap.

2. Partnership negotiations take time and negotiations have this strange feature: there is nothing to report before an agreement is signed. Speculation in guise of 'known facts' or 'experience' is generally reserved for professional speculators and rumor mongers also known as biotech press and true believers. Unless, of course, you expect Leo to handicap going-ons in an effort to earn biotech's deal spoiler of the year award in addition to dunce cap.

True believer
definition: a person who is so set on his/hers beliefs that no fact to contrary penetrates his/hers abnormally thick skull. Hence, in colloquial vernacular a synonym to numbskull.