Perhaps the reason for the sell-off is that today’s PR makes no attempt to clarify the ambiguous discussion about the REGENERATE protocol changes on the 2/10/17 CC (#msg-128849931).
There are still some investors who are convinced that ICPT merely needs to show p<0.05 on either of the co-primary endpoints in the interim analysis for the trial to be deemed a success for FDA accelerated approval.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.