Replies to post #230168 on Innovation Pharmaceuticals Inc (IPIX)

[bradfordbros]

Hi Karin, thanks for dispelling the scurrilous rumors that Jane Harness was no longer with IPIX. She and Dr. Bertolino are very important to IPIX and it makes me pretty damn bullish for our future. Waiting without news is hard enough without these people who come on here to make false statements.

[MackG]

Good work, Karin. Thanks for staying on top of things and sharing with us.

[PlentyParanoid]

And none of us should be expecting that the deal is just around the corner. I did some googling about the duration of pharma license negotiation - very little info available. Based on sample of 4 mentions I would hazard this about negotiation times:

fastest time to signed agreement - 6 months
average time to signed agreement - 9 to 12 months
longest time time to signed agreement - 18 months

Time spent seems to correlate with the complexity of the negotiations; that 6 months was for a single compound in a single 'indication'. My not so firmly founded guess is that if there is going to be a licensing deal we will hear about it well after prurisol results - but been wrong before, why not now.

Anticipated negotiation times may also explain some of the cost cutting done by IPIX, they need to be prepared for long negotiations.