Innovation Pharmaceuticals (OTCMKTS:IPIX) Stock Rockets After The News: What Next?

August 13, 2021

Innovation Pharmaceuticals (OTCMKTS:IPIX) jumped 18% after offering additional information about the randomized, placebo-controlled, double blinds phase II clinical study status evaluating Brilacidin in moderate-to-severed COVID-19 treatment in hospitalized patients. The company is advancing Brilacidin for COVID-19 treatment under a fast track designation. Enrollment in the study ended in June 2021, with the last patient follow-up visit occurring on July 30, 2021. Notably, the subject database is still blinded, focusing on…

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Innovation Pharmaceuticals (IPIX) Stock Continues to See Selling Pressure

August 11, 2021

The Innovation Pharmaceuticals (OTCMKTS:IPIX) stock ran into a bit of trouble on Tuesday as it suffered from a strong selloff and ended the day with losses of as much as 14.50%. In this regard, it should be noted that there was no news at all about the clinical stage biopharmaceutical firm on Tuesday and the selloff in the stock appears fairly random. However, investors still need to get an idea…

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