Replies to post #318856 on Innovation Pharmaceuticals Inc (IPIX)

[thefamilyman]

I do not know whether that right of first refusal applies to treating Covid-19. But if we do not partner, then the right of first refusal would not apply anyway.

Dreamer0 said,

they(AS) have 1st right of refusal on Brilacidin for CV-19

Dreamer0 said,

I know you did not ask me, but my understanding was that these related to IBD uses for B, and B for covid was in no way involved. There was no covid when AS licensed a single B use, for UC as I recall.

[petemantx]

You are correct, IPIX gave no rights whatsoever to AS in regards to CV, only UP/UPS indications.

[loanranger]

The License headings tell the story:
Right of First Refusal for Oral Drug Product(s) in Ulcerative Colitis/ Crohn’s Disease (UC/CD) Indications.

Right of First Negotiation for drug product(s) in Other GI Indications.


There's no concern about an AS use of B for Covid. They have no applicable rights in the Agreement.


For those who DO read filings:
https://www.sec.gov/Archives/edgar/data/1355250/000147793219004223/ipix_ex101.htm


ps. re: "As the covid issue left N. Italy, AS no doubt got underway."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157280316&txt2find=alfasigma