Someone (with more knowledge than me...) of this process badly needs to do a thread explaining why "science by press release" happens (cont)
Because every time a big-news trial drops by press release, people get mad, but my understanding is that companies don't do this (press release before peer reviewed paper) by choice, but in fact because they are *required* to...
...disclose topline results as soon as they are known to avoid insider trading.

Can someone who knows this process inside and out either do or point me to a quick explainer? Because Twitter is afire with "why are we learning this by press release instead of peer reviewed paper"
...and I honestly don't think most people know why this happens, and that it's not just crooked companies trying to deceive the scientific community
Basically, an expanded version of this would be helfpul: https://twitter.com/numbersman77/status/1325800439699410949?s=20
And if possible, I'd also be curious: what are the parameters for these releases? Can we put in processes to standardize them (or do they already exist)?
Because I get why medicine/science community is miffed, but I also think some of the anger is based on misguided assumption that companies do this just because they want to, not because they *have* to (though of course they may *want* to as well!)
Also relevant: https://twitter.com/raj_mehta/status/1325801889800261634?s=20
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