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Re: JTORENCE post# 286624

Monday, 03/16/2020 10:07:49 AM

Monday, March 16, 2020 10:07:49 AM

Post# of 402880
No, it wasn’t sitting on a shelf when IPIX picked it up for pennies on the dollar. It had just finished Phase 2a testing and Polymedix was trying to raise money for Phase 2b. The CEO did a reverse split which scared away all possible financiers and investors, among several other reasons for bankruptcy. But, Brilacidin injectable for ABSSSI was still their leading drug.

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