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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Trying to interpret your statement: Sell everyt

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Post# of 72447
(Total Views: 629)
Posted On: 02/16/2020 2:22:16 PM
Posted By: djs7
Re: Chemdeps #62294
Trying to interpret your statement:

Sell everything in B, I thought it would have to be a structured deal wherein
there is an upfront directed to IPIX shareholders, and then future payments
in the form of regulatory milestones, sales milestones, royalties, and CVRs
on B indications moved thru clinical trials. There are so many B indications
to travel thru.

I've seen Locust Walk do this type of deal.

Yes, we would become a K oncology company with xxx million in the bank.
At this point, maybe RS 6 to 1. Heck, Jazz Pharmaceuticals did an 11 to 1
reverse split. To the Nasdaq and raise money thru institutions to fund Kevetrin trials,
trying to leave a majority of the xxx million in the bank. At this time, Leo
could retire and hand duties over to a BP CEO from a top oncology company.

https://venturebeat.com/2007/05/17/jazz-pharm...-to-1794m/


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