I have a rule never to be excited by new hires. I don't think they're a reliable signal of program success or failure.
For example, Dr. Semigran was involved in the RELAX study which used sildenafil to target PDE-5 in the heart for HFpEF. Only problem? Many researchers have shown PDE-5 protein is not really expressed in the heart, and the trial was predictably a giant flop. See here.
Also, Dr. Semigran is involved in another garbage HFpEF trial, INDIE-HFpEF delivering nitrite. Guess what the biological "rationale" is? The same as the RELAX trial. Scientific process much?
I think it's easier to work off the clinical data rather than pushing reputations.
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.