[NVS] didn’t…say what POC means, but…obviously NVS is very pleased with what they are seeing and have made it a global priority with an agressive research scheduele
The definition of PoC doesn’t vary much within the drug/biotech industry; in most cases it means: i) data showing some efficacy—but not necessarily statsig efficacy—from a small randomized trial; and ii) no evidence that the pre-existing thesis for the drug’s MoA is wrong.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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