Innovation Pharmaceuticals Inc (IPIX)

[olden_grumpini]

I agree that it’s ridiculous to ask for $35k if the drug you’re researching is the world-changing COVID therapeutic.

My assumption is that the RBL is doing benchmark testing on hundreds of drugs, including B. These hundreds of drugs are considered the longest of long-shots. They don’t merit grants, they cannot attract private financing, and the companies/institutions that control them cannot afford to do the benchmark testing on their own. The government is doing this testing so that every possibility is explored.

When the results are released, I expect B to be a line item on a table. Hopefully, it will appear among chemicals that merit further investigation. And I'm hopeful that inclusion on that list will spark some interest.