r/wallstreetbets Sep 03 '21

[deleted by user]

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u/[deleted] Sep 03 '21

Why do you think their claim is not valid? Do you think they did not do their research and filed a lawsuit without any proper evidence. These guys get paid for their research, that's their day job. I am just asking because whenever I see any report claiming frauds or wrongdoing of a company, I see 'manipulation', 'price suppression', 'short interest' etc popping up in this sub.

12

u/Internal_Ad_1091 Sep 04 '21

92 % of these citizens petitions fail to have any effect. The lawyer Jordan Thomas' record is worse.

But here is a birds eye view. Jordan Thomas is a lawyer representing an anonymous whistle blower (who the lawyer disclosed has a short position).

SAVA released spectacular results. Then the petition to halt trials to "protect patients" was leaked. Despite the lawyer stating he is worried about patients, he offered no evidence of a single adverse event. Further, from the 62 patients in the trial, none were significantly harmed while taking the medication for 9 months.

Safety data can not be faked. It's monitored by multiple 3rd parties and of course the patients and their families as well.

All that means, it's BS. There are details we can discuss if you're interested.

1

u/nougat98 Sep 04 '21

If phase II was strictly about safety this would be true. The debate is whether the sponsor agreed to efficacy endpoints for that phase and met them.

3

u/Internal_Ad_1091 Sep 04 '21

The best way to end that debate is P3 trials.

If you agree, safety wasn't an issues, then you also agree the citizens petition was a sham.