Innovation Pharmaceuticals Inc (IPIX)

[Lemoncat]

I'm expecting a six-figures grant for additional in vitro and in vivo (animal) studies first. Based on those results we'll form a partnership with a capable party to continue forward on anti-virals.

This indication may be big enough to get 10's of millions in an upfront payment from a big pharma partner. This will get us back on the road again with B-IBD and Kevetrin as well as possible have a nearer term royalty stream for COVID patients. Until big pharma locks in their 70-80% share though I'm not expecting much traction.

I will be very surprised if we get 10's of millions for a phase 2 clinical trial this year without help.

Go IPIX!