Innovation Pharmaceuticals Inc (IPIX)

[BonelessCat]

Hey Wild, I don’t know anything new—good or bad. Some of the current delay (which some think is proof of agreement failure) has to do with reformulation and packaging. These things do take time due to Chemistry, Manufacturing, Controls (CMC) requirements. Brilacidin-IB is undergoing reformulation to a pill or capsule, B-OM is not only undergoing sachets packaging but also additional work to affect viscosity after mixing, and for B-UP IPIX is playing with best delivery (foam, enema mix, time delay pill, etc.). All this work, while nowhere near as expensive as a trial, still consumes time. Nonetheless, I think testing for at least one indication is approaching conclusion and is most likely written into at least one term sheet.

All the above are in the PRs of the last year.

P.S. All is well and safe abroad.