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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Anyone really think that a potential patient popul

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Post# of 72446
(Total Views: 413)
Posted On: 02/23/2018 8:31:08 AM
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Posted By: Phteven C
Re: Drano #42256
Quote:
Anyone really think that a potential patient population of 300k or more would really warrant a mere 15 million bucks for a deal for a drug that prevents a severe side effect like oral mucositis?



I don't think anyone here thinks that. I said >$15M upfront + phase 3 trial cost . A phase 3 is what? $10M-$50M?

Quote:
If we sign a deal with >$15M upfront + a phase 3 cost - definitely.



Clarified again for Sox in a later post:

Quote:
$15M upfront + phase 3 trial costs in addition to milestones and royalties



I thought the consensus here was that this is going to be a royalty company. You minimize upfront to maximize the back end payments.

This is inline with what some other investors more knowledgeable than myself think. Here's BioHedge's take:

https://investorshub.advfn.com/boards/read_ms...=138082418

A deal like that would send the stock well above $2. A 200%+ gain over night.

Regardless, this whole conjecture was a response to NotRichYet2's question about whether 2018 is the year IPIX. I believe we will hit both of the targets I proposed and if we do, IPIX will hit new highs by the end of the year.

Go IPIX!


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All my posts are my own personal opinion and speculation. They should not be used as the basis for any investment decision. No, I am not Scottsmith.




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