Innovation Pharmaceuticals Inc (IPIX)

[Lemoncat]

The percentages are not really important. You would need to narrow your search to safe, anti-inflammatory drugs suspended in water/foam/gel, that have insignificant systemic absorption and also demonstrate enormous and undeniable efficacy. B-UP is extremely likely to succeed. I expect a combined phase 2b/3 as we already have an array of safe dosages that work well.

The only problem with B-UP alone is that its estimated market is $100M/year and we only get 6% of net sales on that. The trial and drug will succeed but we traded almost all of it for a small stack of cash, some validation, and the hope that bigger fish will bite on the bigger indications at more favorable terms.