LOCK THESE ****ERS UP

by Karl Denninger, Market Ticker:

Folks, one way or another these jackasses -- all of them -- need to be in prison.

Let's start with the headline:

New wonder drug hailed as biggest breakthrough in fight against heart attacks and cancer

No it's not, despite FAUX NEWS lying about it as well.

And let me tell you why it's not. It's right in the NEJM study report, which by the way went four years, and thus is pretty good as studies go.

It's right here:

There was no significant difference in all-cause mortality (hazard ratio for all canakinumab doses vs. placebo, 0.94; 95% CI, 0.83 to 1.06; P=0.31).

Got it?

There was no difference in all-cause mortality (you're DEAD *******) between the drug and a ****ing sugar pill.

Yes, it appears that statistically-significant reductions in heart attacks did occur and there is that secondary data which suggests benefit in lung cancer as well.

BUT since all-cause mortality did not go down this means the drug caused some other bad effect that killed you more-often at the same time it reduced heart attacks (and cancers.)

IN OTHER WORDS IN THE ONLY OUTCOME THAT TRULY MATTERS, WHICH IS WHETHER YOU DIE OR NOT, THIS DRUG WAS WORTHLESS.

May I also point out that Novartis (the maker of the drug) paid for the study, so if there is a slant it's to their advantage.  And yet despite that "advantage" and "slant" YOU DIED JUST AS OFTEN AND JUST AS SOON TAKING IT AS IF YOU TOOK NOTHING AT ALL, BUT YOUR ******NED WALLET WAS A LOT LIGHTER AND THEY KEPT THE ****ING MONEY.

May I remind you that, for the true idiots out there, that dead is dead.

This drug must not be approved for anything, and any doctor who prescribes it is simply robbing you since the net-net effect on longevity is zero while it literally asset-strips you of money you could otherwise leave to your heirs.

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