Ampio Pharmaceuticals Inc (AMPE)

[drkazmd65]

I'm guessing they said it 'didn't' work against COVID because the larger data set just didn't have the numbers to support saying otherwise, rather than trying to shift blame to problems in getting patients. I actually view their straightforward & no nonsense statements in that letter rather than trying to blow smoke at us.

There may have been small effects in the tests with COVID, and they specifically state something about trends in the secondary pre-specified endpoints in the letter, but they didn't have the statistical power (technical term - not just 'power') to resolve small effects from background noise.

I just hope that this regrouping and refocusing works, and that they can pick a focus for the near and mid future, and get the work done and done correctly next time out.