Replies to post #218301 on Innovation Pharmaceuticals Inc (IPIX)

[groton68]

Countless for sure. My thinking is like this. If P is as good as George thinks. We have a good idea about B.
A BP comes along and offers $5 billion for the company. A lot of money for a pre-revenue company. Mgmt has to take a serious look at it.
Remember Merck bought Cubist for about $9 billion and they were at a run rate of almost $1billion annually.
How many years are we away from a run rate of $1billion?
Big if a BP offers $5 billion we are in play. We would retain an investment banker to get the best deal. Just a thought