NEU 2.76% $15.63 neuren pharmaceuticals limited

Think my post was total rubbish and you are on the right track....

  1. 6,128 Posts.
    lightbulb Created with Sketch. 1637
    Think my post was total rubbish and you are on the right track. If both results are independent of each other (which I think they are) then you are on the right track (whatever that means as far as final efficacy of Trofinetide in Rett's and FX is concerned is another matter)

    [ pr (RT and FX) = 0.977 * 0.955 = 0.9330
    pr (RT and not FX) = 0.977 * 0.045 = 0.0440
    pr (not RT and FX) = 0.023 * 0.955 = 0.0220
    pr (not RT and not FX) = 0.023 * 0.045 = 0.0010

    total = 1.0 as it should. ]

    So it is a 0.01(035) chance that BOTH results were due to chance. That is not to say that these probabilities represent (anything like) the actual probabilities that Trofinetide will provide enough efficacy in one or both indications, as more trials proceed, to warrant bringing it to market. Wish that it was so because they are pretty handsome odds!
    Last edited by What A Gas: 08/12/15
 
watchlist Created with Sketch. Add NEU (ASX) to my watchlist
(20min delay)
Last
$15.63
Change
0.420(2.76%)
Mkt cap ! $1.996B
Open High Low Value Volume
$15.51 $15.71 $15.46 $1.016M 65.27K

Buyers (Bids)

No. Vol. Price($)
4 75 $15.61
 

Sellers (Offers)

Price($) Vol. No.
$15.63 166 5
View Market Depth
Last trade - 10.49am 30/08/2024 (20 minute delay) ?
NEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.