Sobek's biggest blunder, this investor explains, is ignoring the time factor. The red flag in the Iclusig EPIC study is not that some patients with pre-existing heart conditions are excluded from enrollment, it's that Ariad decided to exclude more patients with heart problems after the study started.
"Ariad saw something troublesome in the study that said the original assumptions were not sufficiently conservative," he says.
-- Reported by Adam Feuerstein in Boston.
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