SRX 0.00% 17.5¢ sierra rutile holdings limited

Roger Montgomery on Sirtex, page-79

  1. 1,251 Posts.
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    I’m not sure the results are confusing at all. Or as difficult as Roger makes out.

    SRX stated categorically on a number of occasions that if the primary end-point of PFS was not met then first line SIRT has a weak case and would remain a salvage therapy.

    The primary outcome was not met ... full stop.

    Next there are 7 secondary outcomes. SRX announce a statistically sig improvement on one of these outcomes - PFS in the liver.

    So what? It is simply a surrogate for OS. In the 2010 study SIRSPHERES failed to beat placebo on OS. If OS were showing a positive trend you can bet SRX would have mentioned it.

    Plan A was to present only the top line overall PFS results in this announcement. Plan B emerges from the failure. But in the absence of positive OS data it is doomed to fail.

    The truth is just as the company stated before the results.
 
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