Replies to post #70100 on Innovation Pharmaceuticals Inc (IPIX)

[Ultimate01]

I respectfully disagree. It's intended to ensure National Security and since biological warfare is a real possibility we should as a nation invest in defense of it.

[CallMeCrazy]

frrol, I think the intent was best best expressed on pg 34 (under Commercial Development):

Major economic incentives will be necessary to substantially expand private investment in de- veloping urgently needed antibiotics, including drugs to address evolving future needs. These  incentives can come in the form of direct cost sharing for drug-development projects or in- creased reimbursement for successful drugs. To attract investors, incentives will need to have  sufficient clarity and certainty. 

This suggest to me that the intent is to incentivize the development of new antibiotics by making it more profitable for pharma and biotechs to invest in this area.