Innovation Pharmaceuticals Inc (IPIX)

[LitesOut]

I actually think the mention of the new compounds was meant to further entice a future partner and illustrate the strength of the pipeline.

I would imagine that when CTIX finds a partner there will be an understanding, or possibly even enumerated language in an agreement, that the partner (presumably for B) will have first crack at future drugs in the CTIX pipeline should CTIX decide to find a partner for them. I understand the concern about limited resources and having too many irons in the fire, but in this case I believe it was meant to further strengthen the CTIX hand in partnering negotiations. In other words, Leo doing what he does.