Placebo

The replay

The model run on every Alzheimer's readout that already happened, published once and hashed.

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Method

The corpus is every Alzheimer's Phase 2 or 3 interventional drug trial on ClinicalTrials.gov whose first primary outcome has a posted analysis with a p-value: 81 trials, 20 of which hit. Each is priced as of its primary completion date. The sponsor's record counts only readouts posted before that date and PubMed counts the 24 months before it; the registry's design fields do not change at readout.

Score

Brier, placebo-10.1895
Brier, always the base rate0.1859
Brier, always 50%0.2500
sha256227ee012a5f02ade9bff8db65b5bb64fd3cfba9142e9e93d175b8e176a62d715

The model is well ahead of a coin flip and level with the base rate. It is a back-test on data that existed before the model did, so the live record is the test that counts. Every row.

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