Innovation Pharmaceuticals Inc (IPIX)

[petemantx]

George has many times shown the numbers that would make Prurisol worth $15B for psoriasis alone. If results are as many expect, it would become the first recommended treatment across the board due to its safety, ease of delivery system, and efficacy.

If results aren't there, his numbers are history. But if they are there and the expected revenues over the life of the patent would alone be over $100B (based on a target market of about $12B/yr), then Prurisol should definitely be worth over $15B.

What are your reasons for saying that number is irresponsible?

I hope it is not that the market has shown its worth because the market has no clue as to the value of Prurisol until the P2b results are made known.