Just for complete light relief from all this serious statistical...

Just for complete light relief from all this serious statistical analysis … for everyone to have a bit of a chuc

In October 2014 Phosphagenics announced some great news with respect to their vehicle treatment in a acne trial

“Phosphagenics Announces Successful Results from its Phase 2 TPM®/Tretinoin Gel Study on Acne Patients”

“The performance of the TPM® Vehicle in this study was extremely interesting. Positive vehicle effects are commonplace in acne reduction studies due to the rigorous cleaning and treatment regime to which patients must adhere. The degree of acne reduction produced by the TPM® Vehicle in this study is, however, greater than typical vehicle effects and may be attributed to the enhanced vitamin E properties of TPM® which has been demonstrated in earlier in vitro and in vivo studies. Phosphagenics has long known that TPM® has inherent acne reducing properties, with a related product (Vital-ET® being sold into the personal care space (by Ashland Inc., our global distributor) with data supporting this effect. In the current study, the TPM® Vehicle gel also showed positive effects in reducing inflammatory acne, in line with the data generated on Vital ET”.

So the market has already been here before with these vehicle treatments turning out (surprisingly) to be active treatments in acne trials.

What happened then? Well things were a little subdued in POH land.

The CEO (Esra Ogru) had been accused of defrauding the company of $6m. A few weeks later after the acne results came out Ogru was sentenced to 6 years jail.

disallowed/business/six-years-jail-for-biotech-fraudster-esra-ogru-20141107-11irt9.html

We all know history repeats … so without a doubt these current trial results prove BOT need to keep a close watch on credit card expenditur