Replies to post #212466 on Innovation Pharmaceuticals Inc (IPIX)

[bradfordbros]

'Try explaining to your board that you paid IPIX 10 times it's market cap? I think any deal from 5 bucks to 7 per/share is fair value."

$7 is 10 times IPIX's market cap!

[DaubersUP]

Huh? Literally dumber....from reading that. What does IPIX bring? They have and own all patents to compounds. They have done years of research and have funded through multiple clinical trials.....millions of dollars. They have highly intellectual scientists employeed.

IPIX can run a phase 3 for BOM and Prurisol, we just need funds if they do not want to dilute or give up ownership.

That’s what BP pays for. Science.

Read the article on fierce bio today. The big wigs at BP say SCIENCE trumps all and brings innovation. There is no worry for small bio who have real solid science.