Innovation Pharmaceuticals Inc (IPIX)

[kfcyahoo]

"Any chance that the "innovative medical product" is a device versus a drug and is this true for devices AND drugs?"

IDK for sure, but I believe the post you responded to was referencing a product that is considered a device to aid sepsis patients. I also believe the route to approval for devices and drugs differs.

"edit: That's obviously a single example. Are registrations universally easier outside the US and is it safe to assume that some countries make it easier, or more difficult, than others?"

I think there is a movement underway to make it(drug approval) easier(or at least more expedient) in some parts of the world.

Here is one example: https://techcrunch.com/2017/01/09/mytomorrows-raises-10m/

It appears the current Trump administration may address the cost of prescription drugs tonight during the State of the Union Address.