Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

Wouldn't you hate to see a person new to IPIX be misled by such nonsense?
For this CEO to say that "Our goal is to be the next Regeneron (REGN), a company built on novel science with the vision and strategy to grow exponentially" was a brazen mischaracterization and 8 years of subsequent events have clearly established that.

Regeneron has run and completed 106 Phase 3 trials. CTIX/IPIX has failed to run a single Phase 3 trial and there's no reason to believe that it ever will. Regeneron's revenues in the last QUARTER were over $3B.
That's just two of the many ways to show that this Company's vision and strategy, orchestrated by one person, should never have been mentioned in the same sentence with that of Regeneron.

Misleading would be an understatement. It was a brazen statement without an iota of support. The comparison was made anew here yesterday and I couldn't let it go unchallenged.