Replies to post #212227 on Innovation Pharmaceuticals Inc (IPIX)

[PlentyParanoid]

Agreed! And no sane big-pharma CEO will commit to an acquisition before he/she knows everything there is to know. Overpaying an acquisition is fast way of taking the shine off from one's reputation, almost as fast as buying a failing drug or two. See Allergan and Vitae: VTP-38543 and VTP-43742.

These things take time when done right.

[Rdunn88]

So what about Up/Absssi? Is Leo throwing Absssi in for free and UP a discount? Not so simple "first" finding a partner, then how do you go about splitting B up if BP is not interested in Absssi/Up... I'm a firm believer of what's holding up any deal are IPIX's financials and lack of experience (Leo) at the CEO helm. Exactly why sale makes the most sense...