Saturday, July 24, 2021 10:46:58 AM
Of course it is! I wouldn't take a 1.43 buyout after successful results are unveiled. I would take it before we find out if the drug works or not. The risk of going back to 0.05 on failure motivates this.
Anyone comparing this to Moderna will be disappointed. Moderna is forecasting $18B in 2021 vaccine sales for itself. Pfizer is forecasting about $26B for their vaccine.
Remdesivir, the biggest therapeutic, is pulling $2-2.5B.
Vaccines are much more lucrative and they are much more assured income. Hundreds of millions of people will line up for boosters even if COVID is minimized. Therapeutic revenue will be minimized significantly if COVID is.
That's not to say there aren't tremendous gains for IPIX coming if it works. Part of the value prospect of IPIX is that it has a $100M market cap instead of a $2-3B market cap. That's an extra 20-30x built in to the profit structure.
GO IPIX!
Hodling IPIX with Diamond Paws since 2015.
Honorary IPIX Soft Pumper: Dream big...woah, woah, woah! Not that big.
Recent IPIX News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/01/2024 01:30:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 09:25:58 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:05:44 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 01:00:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/30/2023 08:15:25 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/28/2023 01:00:08 PM
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