Innovation Pharmaceuticals Inc (IPIX)

[noretreat]

Cost of the drug is a low proportion of the price in almost every case. If the margin is already 80%, reducing cost by half puts the margin at 90%, which is great but not if it gives competition 6-12 extra months. Reformulation, no matter how efficient or controlled, can also change the way a drug acts, and may affect efficacy.

Delays on Prurisol should be minimized.