Replies to post #166744 on Innovation Pharmaceuticals Inc (IPIX)

[govorchin]

Do you have a guess as to their billing rate? How high would the SP have to go to match it? If you
don't mind.

[scottsmith]

1) I'm not convinced there hasn't been or won't be a cash payment; 2) Leo couldn't have guaranteed a partnership since ctix was waiting on unknown trial results before partnering; 3) I think Ashcroft are the types that understand risk/reward and contingency and liked what they saw enough to take ctix as a client.

[JUST 10-11-12]

Excellent choice