It is not a binary event The meeting will go like any other meeting - FDA will give guidance on P3 protocol. Most likely the BTD is not granted so cold water on that front.
What next? A P3 trial - unless there is partner available IPIX cannot start P3 trial due to lack of fund.
So unless based on Eop2 meeting they are able to convince partner to contribute money - it is no news. The actual P3 will take another 1+ year