Nothing has changed.I still feel dead after yesterday. What do we do now?
I see your argument. I guess I'm really surprised that there aren't simple tests to see if the WR scores compared to the overall audiograms match.I actually have a theory about this and that is that people with truly bad word scores likely had audiograms that would put them more in line with the severe group (makes sense as they hear worse) and they didn't get any real borderline cases this time. This would mean all the low word scores were potentially fake but ironically the fake ones were preferentially selected to match the criteria.
The actual severe group shouldn't have this problem.
So do we think people faked their audiograms?I actually have a theory about this and that is that people with truly bad word scores likely had audiograms that would put them more in line with the severe group (makes sense as they hear worse) and they didn't get any real borderline cases this time. This would mean most all or all of the low word scores were potentially fake but ironically the fake ones were preferentially selected to match the criteria.
The actual severe group shouldn't have this problem.
Don't blame yourself too much for your investment, it really looked so promising for many of us.Everyone,
I'm a long time reader of this thread. I appreciate all of the wisdom found here - you guys are truly a great community.
Yesterday was awful for me. I couldn't get out of bed. My gut reaction to the perceived failure of FX-322 hit me hard. I've had so much hope hanging on this. I was also devastated at losing almost $40k and most of my stock account. (I am an idiot, wasn't diversified, not an experienced investor, and was emotionally invested, foolish I know.)
But today gives me some new hope. The hopeful and rational messages on the last several pages are encouraging and I believe we do have legitimate reasons to still have cautious faith. We aren't done yet with this story.
For those of you who are financially invested too and really down about it, just search Google for info on Oppenheimer's new price target of $20 and their reiterated "buy" rating as of late yesterday. Or B. Riley's revision to $35. Also, there are some good YouTube videos on price analysis and predictions too. It lowers my "freak out" levels just a bit. Might for you too.
I'm not going to post links here because I know it's not a financial board and I don't want to distract too much from the most important topic; efficacy. But just trying to spread some reasons for hope from the financial side if anyone needed that right now.
Anyway, even though it was a double gut punch yesterday, I think if we can stay calm and continue to be patient (it's so hard I know), we still have a chance for this to help us have better lives.
This drug has to work. We've invested far too much time for it not to. Hopefully it's because they didn't wait long enough between injections.I still feel dead after yesterday. What do we do now?
What is Frequency Therapeutics' email?I wrote them an email asking what their next step would be.
Don't want to be mean, but B. Riley's $35 revision was prior to the Phase 2a results.Or B. Riley's revision to $35.
Nothing has to happen, the universe doesn't owe us anything. Our suffering and emotional investment means nothing for any of these drugs.This drug has to work. We've invested far too much time for it not to. Hopefully it's because they didn't wait long enough between injections.
Don't tempt me, I will waste money on this.We need matching "Team Goop" t-shirts. Our mascot is an injured but determined-looking bull.
I really hope that's the case. I'm praying that the results are positive for age-related and severe hearing loss trials. I'm more worried about the severe category even though we have a positive anecdote saying that he had improvements in his word scores and 3 frequency bands and can also hear birds and sing and has no tinnitus 5 months after his last dose of FX-322.This drug has to work. We've invested far too much time for it not to. Hopefully it's because they didn't wait long enough between injections.
@Zugzug, I believe this is not necessarily the case, but someone please correct me if I'm wrong. My understanding is that there was an initial screening test for all patients to determine whether you could participate in the trial or not. Once you had been screened (and selected), you then undertook the same tests again. These second tests were what were used as baseline - not the screening tests. What I find mind boggling is that in one scenario, these patients would have had to have lied twice: once during their screening and again during baseline. What I'm thinking though is, how likely is that given that once you know you've been admitted to the trial it doesn't matter how you perform on the new baseline test? What it really comes down to then is whether Frequency Therapeutics were aware of either scenario. The thing is, they weren't - they were blinded. It's not as if Frequency Therapeutics would have caught on to higher baselines that were different from the screening tests. So I can see one of the two possibilities here. Either patients lied/faked their results twice OR they faked their initial screening and then performed as normal, but by the time they performed their baseline Frequency Therapeutics were already blinded so it was out of their control. In the latter scenario, it's possible that patients who were originally thought to have word minimum WR deficits actually were way too close to the ceiling. In either scenario, Frequency Therapeutics would have only been able to figure out what was going on by cross-referencing against historical records. To put it simply, either scenario is a shitshow if I've ever seen one.Now, regarding the lying itself. Here's what I can't understand. So the theory is that lying got them in, but then their baselines were their real score (higher). In a sense, how does it matter how they got in if they still performed the study correctly?
This would definitely appear to be part of the reason as to what went wrong. Coming back to your example, what if we imagined the complete opposite: that all or most patients lied/faked their results? In this case, the distribution would almost seem to not matter at all. Every patient in every group is unreliable, regardless of what the end result is. The whole trial would be worthless and the only way around it is to start again.If I understand what LeBel is really suggesting, it's that the treatment group was actually held back because the baselines started closer to the ceiling effect than they anticipated, disproportionately to the placebos.
I'm not as sure about that but per Frequency Therapeutics, they say there is evidence they lied about word scores which would be a good explanation of the difference from Phase 1 so it's possible EHF numbers were purposely depressed on entry for at least some of the same group.So do we think people faked their audiograms?
To me, and I'm just calling it straight, absolute WR improvement of >=10% is so little. It's a horrible metric, and way less convincing than the 95% CI (Thornton and Raffin). I am attaching some pictures with the 95% CI under the Binomial Distribution assumption. The first column represents baseline score and the second column is the range of the 95% CI.I agree that 34% of patients responding with a 10% increase doesn't look great in numbers, but we know that even a 10% improvement translates to a huge QoL improvement. It also says nothing about the patients' QoL who didn't have a 10% increase but still experienced, subjectively speaking, some measure of benefit.
This is where fake WR scores were discussed after the phase I/II results. It's on page #161, so you can read it there. It's very interesting to see what is said compared to now.I am afraid you can't even fake that:
So the answer to this question has a simple game theory solution. Keep in mind though, human beings are not smart and many don't use perfect rational decision making.@Zugzug, I believe this is not necessarily the case, but someone please correct me if I'm wrong. My understanding is that there was an initial screening test for all patients to determine whether you could participate in the trial or not. Once you had been screened (and selected), you then undertook the same tests again. These second tests were what were used as baseline - not the screening tests. What I find mind boggling is that in one scenario, these patients would have had to have lied twice: once during their screening and again during baseline. What I'm thinking though is, how likely is that given that once you know you've been admitted to the trial it doesn't matter how you perform on the new baseline test? What it really comes down to then is whether Frequency Therapeutics were aware of either scenario. The thing is, they weren't - they were blinded. It's not as if Frequency Therapeutics would have caught on to higher baselines that were different from the screening tests. So I can see one of the two possibilities here. Either patients lied/faked their results twice OR they faked their initial screening and then performed as normal, but by the time they performed their baseline Frequency Therapeutics were already blinded so it was out of their control. In the latter scenario, it's possible that patients who were originally thought to have word minimum WR deficits actually were way too close to the ceiling. In either scenario, Frequency Therapeutics would have only been able to figure out what was going on by cross-referencing against historical records. To put it simply, either scenario is a shitshow if I've ever seen one
I basically answered this idea to @FGG, and I agree with you that if the widespread cheating was way over the top, you would be right. I don't think it was that much.This would definitely appear to be part of the reason as to what went wrong. Coming back to your example, what if we imagined the complete opposite: that all or most patients lied/faked their results? In this case, the distribution would almost seem to not matter at all. Every patient in every group is unreliable, regardless of what the end result is. The whole trial would be worthless and the only way around it is to start again.
I'm seeing it as of this morning...Don't want to be mean, but B. Riley's $35 revision was prior to the Phase 2a results.
Correct me if I'm wrong, though.
Interesting question... I suppose it would depend on how afraid you would be about getting "caught" should any discrepancies surface and how aware you are of the blinding process.What I find mind boggling is that in one scenario, these patients would have had to have lied twice: once during their screening and again during baseline. What I'm thinking though is, how likely is that given that once you know you've been admitted to the trial it doesn't matter how you perform on the new baseline test?
Word scores and audiograms don't have to match once you are in. It's quadruple blinded and they don't kick you out once you are in. You just have to pass the initial screen and maybe that's the problem (this should again be really obvious once unblinded individual data is out)...So the answer to this question has a simple game theory solution. Keep in mind though, human beings are not smart and many don't use perfect rational decision making.
Say I made it into the trial. It doesn't matter how; I'm in. There's a 75% chance I will be treated and a 25% chance I won't.
If I reasoned to myself that "I'm going to tank my baselines," there are two reasons why I might be thinking this -- both are stupid. One might be to stay consistent with low screening and the other might be "there's a 75% chance that I'm in the FX-322 group. If I perform low at baseline and then crush the tests with treatment, I have a chance of helping the drug clear the finish line."
For the first one, there's no real motivation to stay consistent; one can't prove it or punish them. For the second one, it doesn't make sense because if they believed they were in the treatment group, they wouldn't have the same motivation for getting the drug through because they thought they were already receiving it.
If they then asked themselves "what if I'm in the placebo group?" then they wouldn't want to inflate placebo improvements, reducing the chances of eventually receiving the actual drug someday.
With all of this said, if someone cheated, I would think the extent of it would be exaggerating to get in and then performing the trial normally. This is immoral (and backfired), but it's at least a smarter form of cheating.
I basically answered this idea to @FGG, and I agree with you that if the widespread cheating was way over the top, you would be right. I don't think it was that much.
I think we all agree, from any angle, something odd has to be going on to double word scores. Whether it be cheating, "learning the test," or taking a drug (FX-322 possibly) that helps. A person (with stable hearing loss) doesn't just honestly double their score by chance.Nothing has changed.
People mustn't get too emotionally invested in this. See it for what it is until there's some clinical evidence to show that it works. Until then, treat it the same way as any other drug that's in development, and be brutally objective.
I really feel for all of you that are depressed by the results, but that's biotech for you. Expect the unexpected in either direction.
I wasn't impressed with the phase I/II results, but it was primarily a safety trial, so I didn't really read too much into it in terms of efficacy. I noticed the issue was raised about people faking their results, but there was talk of the WR scores being falsified back in the Phase I/II trial. I remember someone posting a video on how to "fake it." The 10 dB improvements that were seen in 4 people had no clinical value. I believe there was an increase seen at 8 kHz; my audiogram had the same increase at the same frequency and I did nothing other than take a few vitamins. This is when I first started to doubt how effective FX-322 might be, but it was only a small cohort. Before those results were published, everyone was hyper-bullish saying more doses will equate to better results, etc, etc. I thought people at the time were getting too far ahead of themselves. I also didn't like how they spun the success of those earlier results to the media before they showed any data. The headlines and sound bytes had everybody salivating.
The latest results seem to be more of the same. They should have doubled down on the trial design and made sure the WR scores couldn't be faked. What I ultimately wanted to see was the slightest hint of an improvement on the audiograms. I realise audiometry is a tad antiquated, and that there could well be an improvement in hidden hearing loss, but I think people generally expected far more than that; especially in the earlier days.
Sorry for sounding negative, because it may come across that way, but those are my honest thoughts and feelings.
Great breakdown, you articulated it very well. To your point though, this would be assuming that entrants are acting rationally. I guess we can never know what they were thinking.So the answer to this question has a simple game theory solution. Keep in mind though, human beings are not smart and many don't use perfect rational decision making.
Say I made it into the trial. It doesn't matter how; I'm in. There's a 75% chance I will be treated and a 25% chance I won't.
If I reasoned to myself that "I'm going to tank my baselines," there are two reasons why I might be thinking this -- both are stupid. One might be to stay consistent with low screening and the other might be "there's a 75% chance that I'm in the FX-322 group. If I perform low at baseline and then crush the tests with treatment, I have a chance of helping the drug clear the finish line."
For the first one, there's no real motivation to stay consistent; one can't prove it or punish them. For the second one, it doesn't make sense because if they believed they were in the treatment group, they wouldn't have the same motivation for getting the drug through because they thought they were already receiving it.
If they then asked themselves "what if I'm in the placebo group?" then they wouldn't want to inflate placebo improvements, reducing the chances of eventually receiving the actual drug someday.
With all of this said, if someone cheated, I would think the extent of it would be exaggerating to get in and then performing the trial normally. This is immoral (and backfired), but it's at least a smarter form of cheating.
I basically answered this idea to @FGG, and I agree with you that if the widespread cheating was way over the top, you would be right. I don't think it was that much.
But the drug doesn't work... hence no improvements in the EHF audiogram in the recent FX-322-111 trial. It's all placebo unfortunately.The craziest part of all of this is that someone definitely lied because people don't double word scores from placebo.
So it depends on which of the 3 you think did:
1) Frequency Therapeutics themselves
2) Phase 1 participants
3) Phase 2 participants.
Frequency Therapeutics says they have direct evidence it is option 3, which would mean the drug does work. Time will uncover this.