Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

Crunchbase's information in this case is false as is its information in general and your skepticism is justified. See for yourself....

From its IPIX coverage page:
Frequently Asked Questions
Where is Innovation Pharmaceuticals's headquarters? Innovation Pharmaceuticals is located in Beverly, Massachusetts, United States.
How much funding has Innovation Pharmaceuticals raised to date? Innovation Pharmaceuticals has raised $1M.
When was the last funding round for Innovation Pharmaceuticals? Innovation Pharmaceuticals closed its last funding round on May 10, 2012 from a Post-IPO Equity round.
Who are Innovation Pharmaceuticals's competitors? Alternatives and possible competitors to Innovation Pharmaceuticals may include GlycoMimetics, Anacor Pharmaceutical, and Marius Pharmaceuticals.

You should recognize that that's all a bunch of rubbish. Crunchbase subscribers should be asking for refunds.