Biotech Values

[vinmantoo]

Tried to explain it with reason and logic......if that's not enough for you, I can't help you......lol

Zardiw,

you made the following absurd claim after a drug failed a phase 2 trial.

No. First you have to have SOME kind of evidence that it works........lol

You don't just take some random drug and go through all the expense of a trial if you don't have SOME idea that it will work.......

The Trials are basically just to PROVE that it works.............

What makes you think the company didn't have evidence of efficacy before the phase 2 trial? Don't you think they have pre-clinical data to support that? The phase I study is for safety and to often identify dosage and in some cases to assess a degree to efficacy. Phase I trials are usually very small so a drug can give good evidence for efficacy in such a small phase I trial but when a larger trial is conducted it doesn't hold up. I hope this clears things up for you.