Ontology highlight
ABSTRACT:
SUBMITTER: Singh M
PROVIDER: S-EPMC9439234 | biostudies-literature | 2022
REPOSITORIES: biostudies-literature
Singh Manish M Rocafort Roland R Cai Cathy C Siah Kien Wei KW Lo Andrew W AW
PloS one 20220902 9
We perform an event study analysis that quantifies the market reaction to clinical trial result announcements for 13,807 trials from 2000 to 2020, one of the largest event studies of clinical trials to date. We first determine the specific dates in the clinical trial process on which the greatest impact on the stock prices of their sponsor companies occur. We then analyze the relationship between the abnormal returns observed on these dates due to the clinical trial outcome and the properties of ...[more]