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Re: IslandOfMisfitToys post# 112386

Wednesday, 08/16/2017 1:49:11 PM

Wednesday, August 16, 2017 1:49:11 PM

Post# of 423585
t-

Don't mix the design with the expectation ... a genius does not mix these ... do not have to be a genius to understand the difference between the two ...

The ">95% power to detect >20% relative risk reduction" was in the IRP between June 2015 and January 2017 and it obviously didn't come from nowhere ... it came from the given (final) design. e.g. they could say ">99% power to detect >30% relative risk reduction" but it is the result of the 7,990 patient and min. 5.2% p rate ... isn't original / pre-SPA design.

The original design was 90% powered for a 20% reduction. I don't remember how many events were required, but it was considerably less than 1612 -- my estimate is that it was less than 1000

Please, cite the source, since I (and as I remember: nobody other than you) do not aware any type of patent / citation / source / etc. about / for it.

Then the FDA wanted them to assume a lower RRR (15%) and a slower rate of placebo events (5.2% instead of 5.9%). That was what motivated the adding of patients (the extra 1000)

??? My quote is B&W ... the reason of the addition of the 1,000 patients was due to only: "To protect against the possibility that the actual placebo event rate is lower than estimated ... without having to modify the other sample size assumptions" (other sample size assumptions include "relatively reduced by 15%", expected RRR wasn't changed).

It's not super important, but does indicate that AMRN mgmt originally saw 20% as very doable

We do not know what is / was (at the time of the design) the expectation (see / saw at doable) of Amarin, but of course it is / was higher than 15% RRR and higher than 5.9% placebo rate, since nobody design a $100M+, double-blinded trial on the edge ... The expected RRR could be 20%, but could be 40% also ...

e.g.
- with 4.8% composite rate (tracking as projected) and 6.0% placebo rate (assuming actual is equal with expected) the RRR is 40%
- with 4.8% composite rate (tracking as projected) and 5.32% placebo rate (assuming actual placebo event rate is lower than (originally) estimated, but higher than the final "minimum") the RRR is 20%

Best,
G

#NEWMIAMI

Disclosure:
I am long with this stock. I wrote this post myself, and it expresses my own opinions (IMHO). I am not receiving compensation for it.

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