Intellipharmaceutics International Inc. (IPCI)

[Samsa]

Wimike, I agree. Regabatin should have been partnered two years ago. I also agree now with Pfizer putting out their own ER, IPCI will get sued for patent infringement. If nothing else just to stall launch by 30 months just like Purdue has done. I agree, this has substantially reduced its value that and combined with Generics coming on market in December.

However, this just means they probably wont get an upfront payment, it does not mean it has no value. so it can be partnered. The question is does Odidi see that his stalling on it has reduced its value and be willing to sign a reduced contract?

My fear is he probably still thinks it is worth what it was before and then botches the deal which is probably why we now sit with only 200k in cash and at 35 cents.