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Celsion Corp. Message Board

  • daviscupper daviscupper Sep 7, 2012 12:26 PM Flag

    DMC Review and impact on share price...

    In the next few days the independent data monitoring committee will meet and update its assessment of the Heat Trial. Since this is a double-blind trial their findings could completely surprise investors.

    Given that our patients are very sick and have been intentionally screened to insure rapid PFS events we could learn the 380 event threshold has been met and the trials data has been locked-down for review and analysis.

    Although it will take approximately 8-weeks to cleanse and break down the data into different strata and
    summarize findings, we will immediately know the number of PFS events from the control and treatment arms.

    My question is: If CEO Michael makes an announcement that we have achieved 400 PFS events, the trial has ended in terms of locking down the data for analysis, and then further tells us:

    "Although we have much work to do before we can finalize the results of the Heat Trial, we are extremely pleased with initial top line results. We cannot comment on findings from a statistically significant point; however, I can tell you that 325 PFS events have come from the control arm and 75 events came from the treatment arm. I don't have to tell you that we are extremely pleased by these intial results."

    If this is the case, how much will the pps spike? Will it break into double-digits? I think it would. The nice thing is we might actually find out in the next few days.

    Cheers and GLTA longs.

    Sentiment: Strong Buy

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