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Replies to #94157 on Biotech Values
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DewDiligence

04/14/10 1:16 PM

#94158 RE: rkrw #94157

Why did it take Orex so long to catch or report the mistake?

One sell-side analyst is saying the mistake was caught by a prospective partner! How’s that for positive spin :- )
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jellybean

04/14/10 3:45 PM

#94168 RE: rkrw #94157

You are talking about a small number of patients in one of 4 clinical trials that enrolled a total of 4526 patients. All trials hit their endpoints, and the correction does not in anyway reduce their chances of approval as the numbers meet FDA guidelines. Remember that there was a management team shift with the death of Gary Tollefson who helped to write the original protocols. My guess is that this was a detail that slipped through the cracks and was caught recently while reviewing the trial protocols.