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I understand that even the US results were not as statistically significant compared to Australia then why would the director of a reputed dermatology center would make such a statement. It appears to be some error in reporting or presentation of US trial results as the outcome appears to be positive.
Given that BOT has made a statement based on the results
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This would indicate that if the investigators thought the phase 2 did not meet the primary or secondary endpoint, this will be the end of the acne trials. Given that BOT decided to take it to phase 3 would indicate that they are positive on the outcome irrespective of US data.
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The market will react to the negative sentiment as the results are not clear or presented clearly, however, staying calm and not making rash uninformed decision could save you some $$$.
I am hoping to see a clarification about the US data before the opening bell. Good Luck to all holders.
JG
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