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Re: Battle Ready post# 20338

Monday, 10/10/2022 5:56:04 PM

Monday, October 10, 2022 5:56:04 PM

Post# of 21540
It makes more sense if you consider that most people either don't know about this company or don't expect it to succeed after failing to prove efficacy above placebo twice in a row.

If an approved AD drug is worth $20 billion and 99% of trials fail, then it would make sense that the first shot on goal is worth 1%, the second shot on goal is worth 0.5%, and the third shot on goal is worth 0.25%, which is $50 million.

A lot of people seem to believe that good results are worth $1 billion, which is strange to me because that would imply a 95% chance of failure.
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