How to Tell When A Drug Company Fibs About Clinical Trial Results
        
            By Adam Feuerstein, 
                The Street
             | 07. 03. 2012
        
                    
                                    
                    
                                                                                                                                    
                                                                            
                              
    
  
  
    
  
          
  
      
    
            Osiris Therapeutics
 "disappeared" important data when the company announced results Monday 
from a mid-stage study of its stem cell therapy Prochymal in heart 
attack patients.
 
  Naturally, Osiris didn't come out and tell investors that it was 
issuing a misleading press release on the Prochymal heart attack study. 
Instead, the company claimed the study was a success. That's not true. 
Figuring out Osiris' deception wasn't that difficult if you know how to 
parse the language of clinical trial results and look at independent 
sources of information for the truth.
 
  Ride along with me as I pick apart Osiris' statements regarding the Prochymal heart attack study.
 Interpreting clinical trial results with a skeptical eye is a crucial 
tool for all biotech investors, so apply these skills universally 
whenever a drug or biotech company tries to convince you that its drug 
works. Hopefully, you'll find most companies are telling the truth, but 
sadly and too often, bullish pronouncements about boffo clinical trial 
data are just spin jobs ginned up to plaster over problems and bad data.
 
  Here's what Osiris issued Monday:
 
  Osiris...
 
       
 
  
 
    
    
  
   
                        
                                                                                
                 
                                                    
                            
                                  
    
  
  
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