Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Pistola, I am certainly no expert. This is my unde

Message Board Public Reply | Private Reply | Keep | Replies (1)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 72447
Posted On: 02/03/2013 9:49:53 AM
Avatar
Posted By: BigJeff
Re: Pistola #7336

Pistola, I am certainly no expert. This is my understanding at this stage, and obviously all things are subject to change. It is true that CTIX has a number of compounds "in the works." Kevetrin and Prurisol are the lead compounds, an autism compound, which has shown promise is next in development. Leo has told us that they have put that compound on the back-burner . . . CTIX/Kard Scientific does not have the people, resources, time to move forward on all the compounds.


The goal as stated by Leo is to reach a marketing/licensing agreement with Prurisol. Hopefully, Prurisol makes it through trials, goal is a product ready for market in 2015.... could be $500 million or more in annual sales. CTIX does not have the size, sales team, and capacity to market on their own, so a big pharma agreement is the best. The funds from an agreement could then be used to further the Kevetrin trials, which will become more expensive. Leo would like to ideally get Kevetrin through Phase 2 heading into Phase 3 before a buyout. He has told us the value of CTIX goes up exponentially the further along in the process. If results are incredible in Phase 1 or 2, obviously a buyout could happen sooner. Leo is savy, he will maximize shareholder value either way I believe.


Regarding the other compounds... Dr Menon transferred them to Cellceutix several years ago. Likely they will be sold along with the others in a buyout. Perhaps the buyout party will allow Dr Menon to keep some/all the compounds, that is yet to be determined. The autism and other compounds are all many years away from development to a point they would be ready for clinical trials. We CTIX shareholders will not be effected by marketing/licensing agreements . . . at big pharma buyout we could receive cash or shares (valued at the purchase price) in the buyout company. Either way is fine... it's all $$$$ in our pockets! Hope this helps... it is only my understanding and opinion. Others may disagree.



(0)
(0)




Innovation Pharmaceuticals Inc (IPIX) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us