Replies to post #231 on Lipocine Inc (LPCN)

[danobrew]

Where did you pull 1 in 5000 from. Wait, don't tell me.
You are so blatantly wrong - you would make Trump blush!

Below are the 10 year success rates (published 2014)

Phase 1 to 2: 64%
Phase 2 to 3: 31%
Phase 3 to NDA: 58%
NDA to PDUFA approval: 85%
Phase 1 to approval: Just shy of 10%

1 in 5000 is .02%. You are off by a factor of 500.
Most companies have multiple drugs in their pipeline so
the chance of getting 1 of their drugs to market increases
with each additional drug.

Nice try.