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Innovation Pharmaceuticals IPIX
(Total Views: 426)
Posted On: 06/06/2019 7:57:26 PM
Post# of 72446
Posted By: Lemoncat
Re: williamsc #57292
https://www.macrotrends.net/stocks/charts/NVS...sh-on-hand

Novartis had over $7 billion of cash on hand as of last quarter and the stock price is near 3-year highs. Pretty sure they can come up with $50-100 million upfront to lock down what could be the biggest anti-inflammatory drug of the '20s.

And if it's not them, well, there are a dozen other big boys that will want a competing IBD product.













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