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Wednesday, January 27, 2021 6:56:11 PM
The readout is essentially when the results of a clinical trial are made public. It can take a long time (in the case of my last company over a year) to get enough patients for a larger clinical trial to be able to show efficacy at a significant degree. So once you have enough patients that have gone through the treatment cycle (patients will all go through treatment cycles in their own time frames, you don't wait for everyone to go at once) you accumulate the data and comb through extensively and basically try and make the case for your drug if possible. When those final analyzed results are given to stockholders and people not directly involved in final analysis, that's the readout. A readout is a massive thing for small companies that depend on positive results to stay afloat and keep getting invested in.
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