Quote from nitro:
According to kernin this morning, some stastiscian claims that the positive results for Asians and African Americans were overstated, but I cannot find anything on this.
Anyone have a link to news?
nitro
VXGN tried to spin the news positive but most statisticians think all they did was data pick to avoid what was an obvious failure. On top of that, VXGN failed to pick up 2 government smallpox contracts today.
This stock now has literally nothing going for it, and its cash value of $1-2 will be a magnet which they are burning as time goes on also.
>>>>>And the following is culled from a statement issued by Project Inform, a San Francisco-based AIDS advocacy group. Martin Delaney, the group's founding director, known as a pretty smart and well-informed activist, takes VaxGen to the shed over its claims that AIDSVAX works in African-Americans and other non-Hispanic ethnic groups.
"This is at best premature and irresponsible data reporting," says Delaney. "It is highly misleading and disingenuous to communities who have a stake in these findings. It would do a great deal of harm to stir up the hopes for selected groups over a vaccine that has been proven ineffective overall."
Adds Delaney: "There is no great merit to large scale testing of a failed product [AIDSVAX] in African Americans. Racial minorities and especially African Americans, have too often been victimized by substandard ethics in biomedical research. A great deal of time, money and human effort have already been expended in the effort to find value in this vaccine, often contrary to the recommendations of government advisory panels and the scientific community. In the year 2003, the needs of company to find a ray of hope in its product must not supercede the need for high quality scientific standards. African Americans and other minorities deserve better than this." <<<<<