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Biotech / Medical : Biotech Valuation

CRSP 56.87

-2.3%

Dec 5 9:30 AM EST

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To: Icebrg who wrote (9329)	11/6/2003 3:44:55 AM
From: Icebrg	Read Replies (2) of 52153

When is a p-value not a p-value? The Swedish biotech company Active Biotech included some data from their MS-study in today's quarterly report. Using different analytical methods very different statistical results were computed. Erik This analysis further strengthen the previously published results of approximately 30% decrease in disease activity. Regardless of analytical method, a statistically significant effect was achieved throughout the entire treatment period for the group that received a laquinimod dose of 0.3 mg/day. Depending on the analytical method used, laquinimod induced a decrease of 28 to 44 % in the number of new inflammatory lesions in the brain (p-value 0.0007 - 0.0498).

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