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This is all true.

The flip side of this, however, is that "trial phase failure" does not conclude "ineffective biologic." There are many other variables to Clinical Trials, including flaws in trial design, time spent and difficulty in operations, and biased reporting:

https://well.blogs.nytimes.com/2013/01/14/clinical-trials-fl...

http://www.outsourcing-pharma.com/Preclinical-Research/Parki...

https://www.iths.org/blog/news/avoid-common-biostatistical-f...




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