Innovation Pharmaceuticals Inc (IPIX)

[farrell90]

IPIX will receive a generous partnership offer for Brilacidin regardless of the Prurisol phase 2B results.

Current share price reflects the uncertainty of Prurisol 2B trial. As mentioned by several on the board, many are waiting for the Prurisol results before they invest more.

I am still buying because I think Brilacidin's value is much greater than 50 cents.

Quoting IPIX,the Brilacidin results are "Anchored" by its successful trials; ABSSSI, B for OM and B for Ulcerative Proctitis. Once the partnership for Brilacidin is announced or if the Prurisol 2B trial produces positive results the share price will shoot way past 50 cents.

If the Prurisol 2B results are good IPIX will be more likely to receive a comprehensive partnership offer. If the Prurisol trial is disappointing the Brilacidin partnership will be announced soon.

The Prurisol trial is not a binary event. It can be better described as Heads I win,Tails I win a little more. I like those kind of odds.

All IMO,Farrell