Innovation Pharmaceuticals Inc (IPIX)

[sunspotter]

"Fast Tract Designation clearly indicates that the FDA believes Brilacidin ..... success if very likely."

No it doesn't.

It indicates that FDA understand that there is a great need for a therapeutic to treat COVID-19. It doesn't speak to anything about whether or not FDA thinks brilacidin will be safe and/or effective for COVD-19

Doubtless they hope it will, just like the rest of us.

But hope is rarely a good investment strategy, especially when the company in question has a lying, incompetent, grasping clown as its CEO, as IPIX does.