Innovation Pharmaceuticals Inc (IPIX)

[MinnieM]

Actually, a deal for the entire company may be held up for Prurisol results. Those results may impact negotiated price.

Either way, for a variety of reasons, deals take longer than most realize. And, most aren't publicly known in advance.





In Reply to 'frrol'
P results would not be holding up a B partnership. A B partnership would, however, be held up by an FDA meeting if we applied for BTD. And a BTD decision takes up to 60 days after a request is made and all required data is submitted. There is value in BTD so I suspect this is the hold-up, if a deal is pending. Just gotta have patience and wait and see. I am 100% certain this management is pushing for a deal. It is the most reasonable path forward given our high cost of capital (ie relatively low share price) and lack of market confidence in the company. The company has openly acknowledged the former repeatedly.

We have an upcoming meeting with the FDA. Let's see.