Replies to post #135021 on Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

"Only 10% of start up biotech company's are successful bringing their drugs to market before going bankrupt."

"Nine times out of ten, this puts a company into a vortex of dilution that is almost impossible to get out of."


Are those just hyperbolic statements or do you have support for them? If true, I find them compelling. If not, I have another word for them.