nonsense. BTX 1503 will almost certainly proceed into phase 3 trials.
Phase 2 trials focus on: safety, dosage/regimen, efficacy, and: to resolve uncertainties regarding the design and conduct of subsequent trials
safety aced, preferred dosage/regimen selected, efficacy is better than zero, issues with ph2 trial identified.
these trials are not intended or expected to produce flawless results, it's a process. - gate passed, next test.
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