Innovation Pharmaceuticals Inc (IPIX)

[wsbc]

My feeling: Leo is the log-jam here. I feel like he's holding out for a price that's beyond what's previously been on the table.
B-C19 hopefully will change that, and I believe us to be on track to have a statistically significant clinical trial event lined up to precipitate something along the lines of a legitimate partnership (as opposed to a $400k one).

Having an overseas trial would bypass the wait for the IND approval (or default), and would expedite the timeline. Having biomarkers in place prior to an interim at 30 days (if it's a 2mo trial) will hopefully provide solid enough feedback to trigger a major partnership to move the indication significantly beyond what Leo would be able to do alone.

IMO, this is dead if Leo tries to go it alone.

(Reminder: The answering machine nonsense with the phone, the building lease, the uplist... etc, etc. )

Sunspotter, good post & in reference to your last sentence, I have to believe Leo & the board knows the company ABSOLUTELY MUST partner up with a deep pocketed entity or be the beneficiary of one helluva large grant ASAP or all of the effort he speaks of, in PR’s, will be wasted. I read here recently that Leo allegedly said something like he would go it alone financially before he would ever give up any perceived value for any of the IPIX drugs. I sure hope that’s not the plan for Brilacidin, or all longs will lose here. The time is now to partner up with the right group that knows the company must spend the type of big money necessary in order for Brilacidin to be the relevant, dominant go-to therapeutic for those struggling in their recovery from Covid-19! Please, to those that read this, don’t reply with its hard to find such a partner! Hogwash, there is so much VENTURE CAPITAL out there domestically & internationally and IPIX owns a drug that could present absolutely stupid large returns to a partner willing to risk the capital. My hunch is finding those willing is not the problem, but more so finding the right partner willing to agree to mutually beneficial terms. GO KICK SOME ASS IPIX, the time & moment is NOW!

sunspotter: The company's plans will have some credibility if they tell us how they intended to handle the logistics, and how they will fund the large upfront costs involved.