Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

Edited post.
"I got a communication that we're "in advanced discussions.""

Lots of people did!
“We are active in advanced discussions with a variety of pharmaceuticals companies."

https://www.globenewswire.com/news-release/2019/02/11/1716760/0/en/Innovation-Pharmaceuticals-Files-Form-10-Q-Quarterly-Report.html


And I was all set to ask you "A communication from whom?".

edit: I just read the sentence that followed the above, which was:
"Our goal remains to secure a partner for advanced clinical development of Brilacidin as a new therapeutic for Oral Mucositis and Inflammatory Bowel Disease. At that time, we intend to focus our resources on the next stages of development for Brilacidin, notably dermatologic indications, and Kevetrin as a novel anti-cancer agent to build upon the completed studies.”

Does that read to you as if the Company is determined to find a single partner for both B-OM and B-IBD and will hold off on the development of B-Derm and Kevetrin until such a partner is secured? That's the way it reads to me.