Innovation Pharmaceuticals Inc (IPIX)

[Justfactsmam]

All interesting conjecture...IMO...BP is certainly in a correction mode compounded by several significant BP players bombing out with Phase 3 candidates...Friday was a bloodbath wit INCY and MRK melanoma candidate. (44% haircut from the day before and 60% drop from 52wh)...Same with LNLK down 44% on review by MRK (getting cautious)...others too had similar fates this week.

The question is will BP become more cautious and wait for more definitive results or become more desperate as patents run out and candidates bomb out? Hoping for the latter.