MB&P Tools & Diagnostics
Trial Autopsy: Is the Asset Failing, or Did the Trial Fail the Asset?
A negative or ambiguous result does not automatically mean the biology failed. Before a repeat study, financing decision, licensing discussion or programme stop, the first task is to determine whether the study actually delivered a controlled and interpretable test of the asset.
When this diagnostic is useful
Use it before a protocol lock, pivotal-design decision, regulatory interaction, major vendor commitment, financing gate, partnering discussion or repeat-study decision.
Use it when different functions are giving individually reasonable answers that do not yet add up to one defensible development decision.
What to pressure-test
- Biological test integrity – exposure, target engagement, dose and duration
- Population and phenotype – whether the enrolled patients matched the mechanism
- Endpoint and estimand – whether the effect was measured in the right way and time window
- Execution and data – recruitment, eligibility control, raters, vendors and missingness
- Statistical interpretability – variance, event-rate and model assumptions
- Regulatory and capital relevance – whether the evidence can support the next irreversible decision
Red flags
- The team cannot state the dominant failure mode in one sentence.
- A repeat study would substantially reuse the same design assumptions.
- Subgroup or regional explanations appear only after the headline result disappointed.
- The conclusion changes materially under plausible missing-data or sensitivity assumptions.
Why this matters to capital
The decision is not simply whether to “run another trial”. It is whether the next tranche of capital buys new information or repeats the same uncertainty.
What changes after a useful review
A useful diagnostic does not end with a score. It identifies the dominant uncertainty, distinguishes what is known from what is assumed, shows which decision is currently exposed and defines the smallest next action capable of changing that decision.
Download the one-page diagnostic
The downloadable version is intentionally concise. It is designed to structure an internal discussion and reveal where a programme-specific review may be warranted; the full professional working method is not published.
Download the Trial Autopsy PDF
Related expertise
Start with the decision, not the deliverable
Bring the protocol, topline result and the next board or financing decision. A focused diagnostic can identify which uncertainty must be resolved before more capital is committed.
Start with a 20-minute Clinical Decision Diagnostic
Bring one live decision, the next hard milestone and the time available. The first conversation is designed to determine whether focused senior intervention can create material value.
Educational decision-support tool. It does not replace programme-specific medical, statistical, regulatory, operational, financial or legal review.