"Your assumption that IPIX will pay is dead wrong"
I don't remember making that assumption. I DO remember asking these questions...
"How much do you think the B-OM Phase 3 will cost? Will they need the current facility to conduct it? "
...and I'm still curious about the answers, even if a license agreement renders them moot.
"unless Leo fails to license OM, then we are all pretty much out of business."
Is that really the only way that IPIX can survive?
I don't think so. The alternatives may not be pleasant but they exist. Of course pursuing them without being certain that Brilacidin isn't a sure thing for SOME indication would be foolhardy because they would be expensive. There's always money laying around, just ask the MFO.