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Re: biomaven0 post# 107646

Monday, 11/01/2010 10:36:29 AM

Monday, November 01, 2010 10:36:29 AM

Post# of 257295
BIOD—The FDA does not allow post-hoc data exclusions for centers with tainted product because doing so would bias the results in favor of the experimental drug—the assumption being that the trial sponsor is less likely to reveal a corresponding problem in the comparator arm that would help rather than hurt the statistical outcome. This is the same reason the FDA does not accept post-hoc data changes that help the outcome even when the changes are corrections to clerical errors.

In short, the argument in the Seeking Alpha piece about why the Indian data should have been excluded is not well founded, IMO.

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

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