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Innovation Pharmaceuticals IPIX
(Total Views: 294)
Posted On: 08/31/2018 1:46:12 PM
Post# of 72446
Posted By: Chemdeps
Tomorrow begins the countdown....I have shares from back in mid-2013 and have added over the last few years to a level I never imagined I would hold. I have also been incredibly lucky to have other holdings go way up, so my holdings in IPIX are actually a very small percentage of my equity investments. However, the potential for IPIX to change my wealth profile is significant. When I first entered way back when, it was based upon K and to a lesser extent, P. Then P was delayed for an acquisition of the B platform and trials have been going on for all three since then. Leo indicated that the plan all along was to get these indications to mid-stage (Phase II) and then let someone else take them to commercialization via a partnership or license (or buy out I assume). We are there now and there really is only 20 trading days within which something significant should happen. The incredible level of bashing of this little biotech has taught me a lot (one lesson is that trials take much longer than anyone anticipates)....and I am probably better off having gone through this experience since I admit to believing many of the posts I read back then. Not anymore. That all being said, we will find out soon whether the science at IPIX is valid and valuable. If it is, it will be a September to remember...good luck everyone!













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