Let's first be able to scan cochleas and be able to analyse images of what's inside...Can they take hair cells from people about to die, freezing the hair cells, and transfer to other people? Why is nobody looking at this?
Let's first be able to scan cochleas and be able to analyse images of what's inside...Can they take hair cells from people about to die, freezing the hair cells, and transfer to other people? Why is nobody looking at this?
Additionally, FX-322 IS a public company (why drug companies can get a stock ticker without a proven drug is a mystery to me) so there is the specter of conflict of interest on the one hand and SEC accountability on the other.Some people deal with failure by looking for silver linings
I wonder what the damage must have been. Poor the ones who participated in the trial. I can't imagine being so desperate to enter a trial and come out with more damage!The only thing that is obvious is that four injections, each a week apart, creates a damaging environment. Fortunately, all side effects were transient. I wouldn't read too much into this aspect.
You did mean this as a joke, right?Can they take hair cells from people about to die, freezing the hair cells, and transfer to other people? Why is nobody looking at this?
Indeed, zero multiplied by zero equals nothing. Tests throughout audiology are rudimentary.That's not the point. FX-322 wasn't initially developed to treat tinnitus. It's meant to restore hearing. So that's what we're initially judging it on. If all it does is solve tinnitus, great, but there are no concrete metrics for that either.
No it wasn't a joke. I was thinking if they can do liver, heart, hair, kidney, lung transplants, why can't they transplant hair cells in the 21st century?You did mean this as a joke,
So we can't scan and see the cochlea yet? Holy Jesus. I didn't even know that. We're so far from away from treatments.Let's first be able to scan cochleas and be able to analyse images of what's inside...
They'll just not include patients with severe hearing loss in the upcoming Phase 2.I wonder what would be their excuse if severe hearing loss results fails... They will blame it on current delivery method
Here's my opinion:I wonder what would be their excuse if severe hearing loss results fails... They will blame it on current delivery method
They included patients with moderate hearing loss in the original Phase 1/2. You answered your own question, "they know moderate hearing loss cases responded well to FX-322..." So, why spend a few million learning what you already know again? Seems like a huge waste of time/money for a company that can afford neither.Why Frequency Therapeutics did NOT do a Phase 1 placebo-controlled study for moderate hearing loss cases? They did it as an open label. Why did they not also conduct a placebo control for the group that they initially believe has responded to the drug? Are they scared of something?
I mean, they know moderate hearing loss cases responded well to FX-322, but they decided to do full placebo controlled studies on AGE-RELATED HEARING LOSS, SEVERE HEARING LOSS RELATED, and skip the moderate hearing loss related?!
A confident company would have done an open label study for moderate hearing loss and ALSO a placebo-controlled study for the moderate hearing loss, so at least by now we would have been waiting for the upcoming results of severe hearing loss + moderate hearing loss studies.
Something doesn't smell right...
And to add insult they posted and hired a Chief Manufacturing Officer!After 3 years, 4 trials and 150 people treated, it continues to be impossible to know if FX-322 works or not.
Apparently Frequency Therapeutics knew very quickly that Phase 2 was a fiasco.
And they shared very positive messages for months.
How can you choose to trust them? They clearly lied.
Perhaps what you're missing is the different goals of Phase 1 vs Phase 2.Why Frequency Therapeutics did NOT do a Phase 1 placebo-controlled study for moderate hearing loss cases? They did it as an open label. Why did they not also conduct a placebo control for the group that they initially believe has responded to the drug? Are they scared of something?
I mean, they know moderate hearing loss cases responded well to FX-322, but they decided to do full placebo controlled studies on AGE-RELATED HEARING LOSS, SEVERE HEARING LOSS RELATED, and skip the moderate hearing loss related?!
A confident company would have done an open label study for moderate hearing loss and ALSO a placebo-controlled study for the moderate hearing loss, so at least by now we would have been waiting for the upcoming results of severe hearing loss + moderate hearing loss studies.
Something doesn't smell right...
If what you are saying is true, that they "knew the Phase 2A was a fiasco," what incentive did they have to announce the interim readout in March as far back as September 2020 if they already knew, as you claim, that it was bad?Apparently Frequency Therapeutics knew very quickly that Phase 2 was a fiasco.
And they shared very positive messages for months.
How can you choose to trust them? They clearly lied.
Is it a guess? If there is evidence, isn't it a breach of stock manipulation if they were lying? Have the legal proceedings actually been filed?After 3 years, 4 trials and 150 people treated, it continues to be impossible to know if FX-322 works or not.
Apparently Frequency Therapeutics knew very quickly that Phase 2 was a fiasco.
And they shared very positive messages for months.
How can you choose to trust them? They clearly lied.
This is a very good question. They have no reason to have done this.If what you are saying is true, that they "knew the Phase 2A was a fiasco," what incentive did they have to announce the interim readout in March as far back as September 2020 if they already knew, as you claim, that it was bad?
I think you're fixated on the DRUG but not the TRIAL. They thought the TRIAL was working.This is a very good question. They have no reason to have done this.
Do they really think the drug was working?
On the other hand, the CEO and other insiders only sell stocks, never buy, but whatever.
They had Phase 2A results at the latest around February 15, but continued to make false statements.
Day 90 reading is incomprehensible, I admit, but let's not forget that Frequency Therapeutics is a highly incompetent company.
I'm not questioning their scientists, I'm sure they're doing a good job.I think you're fixated on the DRUG but not the TRIAL. They thought the TRIAL was working.
The CEO and Insiders had loads of options that had matured and were selling through a perfectly legal and "above board" practice. This is absolutely normal for any firm, there's an emotional investment in this firm on this forum, so everyone reacts to this news without considering the context. If you had options in the volume they do, you would also be motived to diversify your holdings?
Can you give examples of the false statements? Nowhere did they say the Phase 2A was a success. I see evidence of them making statements about the Phase 1/2 outcomes. The publishing of their work in the Otology journal. And, other various non-FX-322-specific hearing-loss commentary on their twitter. The only FALSE statement that frustrates me is that they indicated they would produce all Day-90 data at the interim readout, which they never did. And really, still haven't.
I don't know if you can blanket the entire company as highly incompetent, that's a lot of people that are invested in the development of PCA. They definitely sucked at developing the Phase 2A, it turns out. But, they've also EXPANDED their expertise in areas of hearing loss, audiology, trial design, and research. So, perhaps there's a few lessons learned to be applied to this next Phase 2.
I look forward to a detailed announcement of Phase 2a later this year. So far, only the number of occurrences of WR group level improvement of 10% or more has been announced. I hope that WR, WIN, PTA, the magnitude of changes at the individual level, and TFI etc. will be announced.The only FALSE statement that frustrates me is that they indicated they would produce all Day-90 data at the interim readout, which they never did. And really, still haven't.
CEO gets to buy shares at $0.61...On the other hand, the CEO and other insiders only sell stocks, never buy, but whatever.
It's for this very reason that they should have done a placebo-controlled Phase 1 for moderate hearing loss.The super responders in Phase 1/2 (if legit and not baseline deflators to get in) help them recruit for Phase 2.
For the severe hearing loss trials to have positive outcomes and pass their Phase, what happens if only one of the outcomes are positive e.g., shows audiogram improvements but no word score improvements?It's for this very reason that they should have done a placebo-controlled Phase 1 for moderate hearing loss.
It was their chance to prove their claim, regardless if it costs money or time...
This is a public company... and the public have the right to this.
Instead of going out tweeting thanking the candidates and doctors for their time conducting Phase 2a, GO OUT AND APOLOGIZE FOR YOUR ERRORS AND GROSS NEGLIGENCE...
I can't objectively praise management through the roof. Two decisions that make no sense:I'm not questioning their scientists, I'm sure they're doing a good job.
- I agree that insider sales/purchases don't tell the whole story, but in the context of FREQ, it doesn't work in their favor.
- False statements, yes, when they reiterated how wonderful FX-322 was when they knew Phase 2A was a fiasco, I'd call it a false statement. Legally it s not, but their ultra positive attitude while Phase 2A was catastrophic makes me doubt.
I think we should all take a step back on FX-322, we have too little information to establish a reasoning.
I suppose the severe study will also be a fiasco, it will be necessary to wait for the second Phase 2 to have the definitive answer on whether it works or not.
Fortunately, this is not the only solution in the near future, other treatments, less wonderful of course, could help us.
Multi-dosing: No.For heaven's sake does FX-322 work or not! I have read 600 pages of this thread and I still don't understand.
With audiograms, the Phase 1 trials showed that they had improvements at the highest frequency that was tested which was 8 kHz and I think it was 4 patients that had improvements. If they had tested between 8-20 kHz then maybe most of the patients did have improvements in their audiograms.Multi-dosing: No.
Audiograms: No.
Speech improvements for the right patient: Maybe.
Excellent summaryMulti-dosing: No.
Audiograms: No.
Speech improvements for the right patient: Maybe.