Innovation Pharmaceuticals Inc (IPIX)

[sunspotter]

"IPIX has already been recognized. So far they haven't wanted to pay what "B" is worth"

I think that is a fundamental misunderstanding of the way Business Development in Big Pharma (or even mid-sized Pharma) works.

If there was a real belief in BP that brilacidin was a serious contender for a knock out treatment for COVID-19 then there would be an enormous bidding war and no one would care whether the pps was 21 cents or $21 or more.

No company would sit on the side lines nickelling and diming in the hope of shaving a few tens or hundreds of millions off the offer price or from the deal structure because they know a competitor would snap it up.

The fact is that either BP is unaware of brilacidin (and I agree that this is unlikely) or they don't believe that the molecule is a serious contender when it gets to the clinic.