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Biotech / Medical : Madrigal Pharmaceuticals
MDGL 407.16-2.8%9:30 AM EST

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To: DewDiligence_on_SI who wrote (112)7/19/2019 1:03:30 PM
From: tuck  Read Replies (2) of 138
 
I'm a little concerned about the powering for the stage 2/3 cohorts now. To my knowledge they haven't broken out outcomes for the stage 1 patients in the P2 study, even though it was close to half the study population. Apparently the inclusion of high risk stage 1 ("stage1B" was at least slipped into their corporate presentation from last month, but the nuance I'm pointing at escaped my attention until today when I noticed the changes the trial protocol at clinicaltrials.gov. I suppose I should have been concerned about the absence of stage 1 patients in the P3 protocol until now, as they did say they intended to replicate the P2 study wrt patient population. Just wish we could see the data, because if it's really replicating the P2, but with higher doses, the stage 1 cohort will be very large. Anyway, thoughts?

Last Q, they vaguely said that enrollment was going well. Still just the Pinnacle sites. If they want to speed enrollment, HOW ABOUT OPENING SOME SITES IN OTHER STATES? They don't have conference calls for earnings, so no one gets to ask them about this stuff. Nothing new in the poster for the Paris NASH meeting.

Getting a little frustrated with the transparency wrt to stage 1 data considering the above.

Cheers, Tuck
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