Innovation Pharmaceuticals Inc (IPIX)

[thefamilyman]

I think you may have missed some of my posts because I have certainly addressed this point.

Petemantx said,

I push this point often as I have not seen many (if anyone) making the strong point that BP shouldn't be given a carte blanche super percentage of the revenues with no clauses that escalate greatly the percentage IPIX reaps as revenues increase for our drugs.

Here’s one of my previous posts from 2/9/21...

After the Covid crisis has passed, I could see Leo signing with a BP to develop Brilacidin for innumerable diseases (bacterial, virus, parasitic, IBD, and perhaps even fungal or other conditions). But hopefully Leo is smart enough to negotiate a sliding scale of royalties that gets us to 50% after the gross reaches a billion or so.

I posted this on 2/9/21 in response to a post from HereToday proposing only 20% royalty...

20%? Absolutely not! If Brilacidin works against Covid, the governments of the world are going to write very large checks THIS YEAR. A big upfront payment is not worth much when the gross is going to dwarf the upfront payment in the short term. And giving 80% of the revenue to a “partner” who did NOTHING to get us to this point is an insult. Again, if Brilacidin works, we do NOT need a BP “partner”. We already contract the production and the finished product can be direct shipped to the appropriate address. All that remains is to deposit the checks (or just confirm that the proper funding was wired into our account).