Innovation Pharmaceuticals Inc (IPIX)

[BonelessCat]

No one is saying that at all. No one is claiming there should be no human trials. That is your red herring argument. What we are saying is mouse models are a great indicator for what to expect in human trials.

What the mouse models tell us:

* Prurisol is safe up to at least 600 mg a day.
* Prurisol efficacy is highly dose dependent.
* It is an immune regulator/modulator.
* It not only reduces, but seems effectively to cure psoriasis in human tissue.

All of the above showed strong signals in the underpowered Phase 2a study and is further reflected in the design of the phase 2b. There is a metric tonne of evidence that phase 2b could further reflect high efficacy equal to that of the competition, and absolutely none that it could fail. Yes, we should be aware that there is a chance of failure; no there is no evidence that it has. None.