Innovation Pharmaceuticals Inc (IPIX)

[TheHound]

IPIX is dead.

1.) the company doesn’t have financial resources to advance Brilacidin into clinical trials and 2.) the company plans to AVOID such investments of time and financial resources.

In the CEO’s own words from Management’s Plan of Operation, page 27, most recent 10Q filing - link below for context:

“Presently, the Company does not have sufficient financial resources to advance our drug candidates meaningfully.” - IPIX CEO

“In general, we expect to concentrate on product development and engage in a limited way in product discovery, avoiding the significant investment of time and financial resources that is generally required for a promising compound to be identified and brought into clinical trials.“ - IPIX CEO

https://www.sec.gov/cgi-bin/browse-edgar?company=Innovation+Pharmaceutical&owner=exclude&action=getcompany

https://www.sec.gov/ix?doc=/Archives/edgar/data/1355250/000147793222008313/ipix_10q.htm

Research is still chugging along. Thank you for bringing info forward.