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"To release data on patients in selected
groups of that trial when all data are not available
may falsely affect the
outcome of those yet to reach the one year mark"
..and the share price
What they released data on a sample of their sample????
(Link is behind a subscription)
oops, i'm ranting
all things being equal, 2018 outlook is remarkably improved on how 2017 was going to end
It is May, big month for results. Hopefully for all involved they are positive
15 May 2018 – Sydney, Australia & Auckland, New Zealand – LCT has the data from the one year follow up of the 18 patients in the Phase IIb study of NTCELL® for Parkinson's disease. The Data Safety Monitoring Board has advised that there are no safety issues arising from the data.
The one year efficacy data shows a statistically significant improvement change in the Unified Parkinson's Disease Rating Scale (UPDRS Part III in the off state) in the patients who received 40 or 80 NTCELL capsules implantation to the putamen on both sides of the brain as compared to the placebo group that received sham surgery.
The study was designed to confirm the most effective dose of NTCELL, define any placebo component of the response and further identify the initial target Parkinson’s disease patient subgroup. The study consisted of three groups of six patients. Two patients from each group had sham surgery with no NTCELL implanted, to act as a control. Group 1 received 40 microcapsules of NTCELL implanted on each side of the brain; group 2 received 80; and group 3 received 120.
The principal investigator, Dr Barry Snow, Auckland City Hospital, says, "The treatment is safe. There are clinical signals of interest. We need to continue to monitor patients for longer to examine the clinical significance of this efficacy data."
Dr Ken Taylor, CEO of LCT, says, "We are encouraged to see efficacy data at the longer time point. We need to further analyse this encouraging result at future time points to assess NTCELL as a potential treatment for Parkinson's disease."
Initial analysis of the 18 month data shows a statistically significant improvement (p = <0.05) in the UPDRS in the patients who received 80 NTCELL capsules implantation to the putamen on both sides of the brain as compared to the placebo group that received sham surgery. No benefit was observed when 120 NTCELL capsules were implanted, there being evidence of inflammation which may have compromised efficacy in this group.
LCT surging today on good news concerning its Phase IIb study of NTCELL for Parkinson's disease.
I have been watching LCT since joules mentioned it a while back. Both as a way to learn about medical trials and because I have a family history. Recently a close family member has been diagnosed.
Probably should of just donated the money to a charity, but instead I bought a couple of LCT shares, about $1000
Good example of how emotion that gets tied up with biotech, not a comment on LCT specifically, but seems like an industry in a prime position to take advantage of people
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