Article: Panel: Confess About Failures, Then Push Research Onward.

Staff Writer

TORONTO - "Delusional."

That's the word drug development consultant Anthony Fox used Wednesday at the Biotechnology Industry Organization's International Biotechnology Convention & Exhibition to describe some CEOs who allow failing drugs to move through the clinic.

He's heard all the spins, all the excuses, such as, "We're small and the FDA won't make us do all the things that the big boys must do." Or, "Of course it's got proof of concept. It worked fine in my mother-in-law/dog/VP of chemistry." Or, "The drug works, although we failed to reach our endpoint because the placebo response rate was unexpectedly high."

"Why ...

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