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DewDiligence

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DewDiligence

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Re: poorgradstudent post# 48776

Wednesday, 06/20/2007 7:00:08 PM

Wednesday, June 20, 2007 7:00:08 PM

Post# of 257275
>How is COLY an example of this program-survival bias thingy?<

Program-survival bias is a shorthand way of saying that the efficacy observed in phase-2 programs that advance to phase-3 is biased on the high side relative to the true efficacy of the drugs in question. Clearly, this turned out to be the case with COLY’s drug.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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