Replies to post #108605 on Innovation Pharmaceuticals Inc (IPIX)

[1400]

Gordon Bennett Bobby take a look around and see the Biotech panorama. It's chocked full of waiting phases, delayed starts, requests for information etc., etc., That's why we sold off and why when we get the results we take off. I wouldn't hang around though, just in case I'm wrong.

[BonelessCat]

They picked the Polymedix assets up righ after Phase 2a. Less than 2 years later they have completed Phase 2b and will meet for guidance on the start of phase 3 shortly. There is a second Polymedix drug that just started a different Phase 2 after Leo successfully sheparded it from development stage through IND filing, review and approval. There are 3 more drugs from Polymedix that did not exist and are now readied for INDs. When discussing just the Polymedix acquisition, all this happened on Leo's watch where he took the assets of a bankrupt company and not only financed the continuation of clinical studies for one drug but the conyinuation of the development of an entire platform of drugs.

Ok it's still sitting in p2 2 years later .right where they left it .give me a break