Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

ETRM

June 18, 2014

Sorry: just an update today . . .

Guru writes of yesterday’s FDA panel:  “The important vote on ETRM was 6 yes, 2 no, 1 abstain that benefit outweighs risk.  That’s what we wanted.  On safety, the vote was 8 yes, 1 no.  On efficacy, however, the vote was 4 yes, 5 no.  Yet the vote earlier in the day on whether the 18 month data supported efficacy was 9 yes 0 no.  Doctors who earlier in the day had voted ‘yes’ that the 12- and 18-month data showed efficacy voted ‘no’ on the official ‘efficacy’ vote.  Go figure.  The FDA will approve their device in my opinion.”

Those of us who bought shares with money we truly can afford to lose await the decision — and the market’s reaction — with nervous anticipation.

Stay tuned.

 

Post navigation

← 2014: A Good Year
It Must Be A Holiday Somewhere →

Quote of the Day

"Markets are very good at what they do, in part because they harness greed and envy (in fact, all of the Seven Deadly Sins except sloth) and turn them into positive virtues."

Rocky Mountain Institute newsletter

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • Putin's Winning Streak Begins to End November 3

    September 25, 2026
  • The Good News

    September 24, 2026
  • Four Books For Your Consideration

    September 23, 2026
  • A Message From Austrialia And Another From Maher

    September 22, 2026
  • Kafka Foretold Trump

    September 21, 2026
  • It Feels Like The MAGA Movement Is Collapsing

    September 20, 2026
  • Must Read

    September 18, 2026
  • A +Second+ Kick-Ass Woman

    September 18, 2026
  • A Tale Of Three Men (And One Kick-Ass Woman)

    September 17, 2026
  • Could This Bull Market Be Over?

    September 14, 2026
Andrew Tobias Books
  • Facebook
  • Twitter
©2026 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams