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Post# of 403025
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BonelessCat

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BonelessCat

Re: govorchin post# 232975

Saturday, 06/30/2018 7:46:41 PM

Saturday, June 30, 2018 7:46:41 PM

Post# of 403025
Even if IPIX gets 10 mil —which would be for only 1 indication—to move one other drug through the next level phase 3 it will take $15 million more. So $10 million plus another $5 to $7 million that Aspire is on the hook for, covers a second drug through another trial, such as UP. Then a second more lucrative license or partner for an advanced stage drug.

* Never borrow to invest.

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