Innovation Pharmaceuticals Inc (IPIX)

[frrol]

By Q4. A deal could be done within 1 month from termsheet if they have experienced biotech M&A advisors from an IB or law firm. Out-licensing is pretty straightforward and contracts are boilerplate. If the terms are a sticking point, yes it could take months or even fail. The latter is very unlikely, we need cheap BP capital and our management is now clearly aware of this.