Statistical Due Diligence

Having a statistical expert on your side in life sciences investments can be the difference between a bad investment and a good one. Rigorous due diligence of the statistical data in an investment can promote your team’s understanding of the validity of their statistical claims and reduce investment risk.

Public Company Investment

BioRankings® uses all relevant publicly available resources, including but not limited to published papers, poster presentations, press releases, and interviews, to analyze the investment risk.

In analyzing the data around an investment BioRankings uses many strategies, including:

  • Evaluation of the strengths and weaknesses of a drug trial’s experimental design and statistical analysis plan
  • Meta-analyses summarizing the prior pre-clinical and clinical data
  • P value and power look-up tables to define a range of likely trial outcomes
  • Monte Carlo simulations to predict risk of trial failure, time to study completion, and feasibility of FDA approval
  • Survival analysis
  • Sensitivity analysis comparing response to treatment rates

Venture and Angel Investment

BioRankings works with venture and angel investors to examine the statistical data presented by a company looking for investment. Although our work with venture and angel investors is similar to our work with public companies, the ability to work directly with the researchers generating the data gives us the ability to deeply dive into the research. We work with your team, and the company looking for funding, to ensure that there is a strong data argument for the product and a plan moving forward.

Examples of past Statistical Due Diligence consultations and results

EXAMPLE 1

BioRankings predicted that Inhaled Remodulin would be successful before the company’s announcement.

EXAMPLE 2

BioRankings predicted that GPC’s Satraplatin would fail before the company’s announcement.

EXAMPLE 3

The BioRankings method showed the data was too close to warrant a guaranteed pass or fail for Keryx’s Sulodexide.

(p) 314-633-1821

(a) 20 South Sarah Street

Saint Louis, Missouri 63108

© BioRankings, LLC  I  All Rights Reserved

follow us:

LEARN HOW OUR EXPERTISE CAN CHANGE YOUR BUSINESS.

I WANT MORE INFO