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Innovation Pharmaceuticals IPIX
(Total Views: 1035)
Posted On: 08/23/2017 7:33:12 PM
Post# of 72446
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Posted By: sox0407
Someone suggested that IPIX is going to present at NewsMakers because there are no negotiations going on. If you look at Protagonist Therapeutics, they presented PTG-200 at Drug Discovery Chemistry on 4/23/17 and at Digestive Diseases Week on 5/6/17 before announcing a $990M partnership with J&J on 5/30/17. It shows that a company didn't (and shouldn't) stop presenting just because partnership negotiations were going on.

Also if you look at their stock price before and after the announcement.

5/26/17 - $8.22, 32K in volume
5/30/17 - $11.82, 3.2M in volume

It shows that the market didn't know a deal was coming.













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