Data from the LSR study is expected EARLY in the fourth quarter 2013. Data from the PHN study is expected LATE in the fourth quarter 2013.
We expect an announcement from the company that enrollment has been completed in late August / early September 2013. We think management would like to leave no doubt, and report top line data from both trials in mid to late October 2013. Assuming roughly one month to collect and analyze the data, top-line results are expected in mid-to-late October 2013.
I think we are looking at a sequential announcement, with LSR on Oct 7th followed by PHN in mid or late October. If they have enough data to call both at 30% pain reduction or better, they may structure such an announcement followed by a detailed report later.