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Innovation Pharmaceuticals IPIX
Posted On: 12/11/2012 8:57:05 AM
Post# of 72446
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Posted By: BigJeff
Re: ffaxedreceipts #3764

Agreed, and a "buyout" is something that may not come for years. A licensing agreement for Kevetrin ($5 billion annual potential) and Prurisol ($500 million-$1 billion annually) is a nice cash-cow for LEO and Dr Menon to oversee until they get "overwhelmed" with a buyout offer. Dr Menon is chiefly a scientist, and he wants to keep working on his other compounds...there is no rush on a buyout . . . which will make CTIX even that more valuable!














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