Innovation Pharmaceuticals Inc (IPIX)

[Rdunn88]

No chance someone will partner with a 2 person operation... Also, how much profit would there be if a phase 3 is required? By time B would be approved there's no guarantee a profit will ever be made...

Gilead pays IPIX 20 million up front, 10 percent royalties if approved...

Phase 3 costs 30 to 40 million, completed mid 2022...

So Gilead is down 40 to 50 million before approval...

Also, who pays manufacturing, logistics and other fees?

Again, no chance anyone will partner....

Look at Pfizer's stock with the best vaccine in the world... Flat the past year, so why would someone believe Gilead would even-bother...