Innovation Pharmaceuticals Inc (IPIX)

[TheDane]

.2567. Pathetic after great news like today. I guess some see a delay? Certainly the trial seems to be going along as expected in terms of safety. I expected them to be further along but I also see a positive in adding four more sites. It seems like they held at 9 sites for some reason. The explanation seems to be they didn’t want too many sites recruiting a high number before the interim analysis since they wanted more patients doing the five day treatment. Having 25% at 3 day and 75% at five day will give the trial a better outcome, according to Leo’s explanation. Now they’re ready to expedite the recruitment. They need an additional 90 patients. With 13 sites recruiting they only need 2 patients per week each for 3 1/2 weeks. Something like that. Possible.

Go IPIX!