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

"You see those charts that say if you put away $500 a year starting at age 20, by the time you're 50 you'd have a gazillion dollars. It just makes you ill that you didn't do it. You almost want to grab young people and shake 'em and say, 'Please don't make the same mistake I did. Please.'"

James Carville

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

  • They're Leaving!

    September 3, 2026
  • Promises / Chutzpah / Stock Updates

    September 1, 2026
  • Ron, Jerry, And Ben

    August 31, 2026
  • Ay-eye-ay-aye -- Oh!

    August 29, 2026
  • Taking Back Religion -- And Trump's Attempt to Annex Canada

    August 27, 2026
  • The Mar-A-Lago Mafia

    August 25, 2026
  • Has The WSJ Gone Commie?

    August 24, 2026
  • Vaguely Related Good News

    August 23, 2026
  • Socialism and Spam

    August 22, 2026
  • I Was Duped

    August 20, 2026
Andrew Tobias Books
  • Facebook
  • Twitter
©2026 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams