Innovation Pharmaceuticals Inc (IPIX)

[Lemoncat]

I'm with wsbc on this one...."Because of idiocy".

Idiocy by the management of CTIX.
Idiocy by the investors (myself included).

For whatever reason no one decided to consider that our billion dollar comparitor, Cubicin, would be turning into our dirt cheap close-enough generic Daptomycin before we were approved.

Apparently no big pharma believed it would be worth a billion per year like Cubicin likely because they had a modicum of foresight. Something The Accountant, The Veterinarian, and their merry band of sycophants (myself included) lacked.

Should the COVID trial pull through though I bet everyone will wish that phase 3 had been run.

Go IPIX!