Jun. 30 at 1:49 AM
$CLNN CLENE says 10% reduction in Nfl levels led to 7% survival benefit
How did they deduce that? Was this data statistically significant? For example, if a patient lives 15 instead of 14 months, that's 7% survival benefit. But how did clene estimate that the baseline is 14%? I hope it is not the case but it all sounds a massive amount of handwaving and cherry picking data points.
Any kind of survival benefit is welcome news for the patients, but from the FDA's standpoint, how did clene perform the statistical analysis to come up with such numbers? Seems marginal, and contrived analysis. Hope to be wrong but clene will have a nearby impossible task to convince the FDA biostatisticians.
$10 would 2x my investment, and I might half my position to play with only the house money. From these numbers I am not convinced CLENE has the data to warrant accelerated approval.