Replies to post #332188 on Innovation Pharmaceuticals Inc (IPIX)

[sunspotter]

"And how can they state its 90% effective"

Easy. In the non-vaccine group 9 there seem to have been 85 or 86 cases of COVID 19, and in the vaccine group just 9 or 8, even though both groups were more or less the same size.

That information can be gleaned from the data presented here:

https://www.statnews.com/2020/11/09/covid-19-vaccine-from-pfizer-and-biontech-is-strongly-effective-early-data-from-large-trial-indicate/

It's important when investing in biotech stocks - or would-be biotech stocks like IPIX - to understand the rudiments of statistics and clinical studies, otherwise one will soon be parted from one's money by opportunistic mountebanks.