Innovation Pharmaceuticals Inc (IPIX)

[Cognition]

Good drugs are hard to find. IPIX has three of them. All with potentially multiple indications. A potential franchise in B. Proven antibiotic through multiple clinical phases. Proven anti-inflammatory through multiple phases. K showed P53 modulation. About to become a Pill. Management knows the worth. Deals take time. At this point IPIX has taken all three of their drugs far enough along that if they wanted to save money they could stop all future clinical phases until they do a partnership. No need to go any further alone. Found that partner to dance with. IMO.