MSB 2.17% $1.13 mesoblast limited

Ann: DMC Completes Final Review of Phase 3 Heart Failure Trial, page-69

  1. 693 Posts.
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    "My understanding is that the more DMC reviews passed the more likely a positive result."

    Your understanding is wrong, no matter how much you might like it to be true.

    "I was pleasantly surprised to hear that 1/3 of the way through the trial was meeting primary end points"

    I am sure MSB management would also be surprised to hear that, given that they are, and remain, blinded to the results. If you mean the futility analysis led to the trial not being terminated, then that is a whole different thing as myself and others have been pointing out.

    Again, in very simplistic terms - the DMC might recommend trial termination on three counts:

    • overwhelming efficacy - ie certain to succeed
    • futility fail - ie certain to fail (note that a pass on futility does not mean certain, or even a high likelihood, to meet endpoints, it just means there is some chance be it large or small it might meet them)
    • safety fail - obvious fail

    I remain quietly confident of success in the CHF trial, based on the earlier clinical and pre-clinical results, and that is why I'm back in as a shareholder.

    But we should invest on the facts, not on spurious supposition!
 
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