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HomeInvestors HealthBarel Karsan - Value Investing: "Proof" That Lower LDL is Better

Barel Karsan – Value Investing: “Proof” That Lower LDL is Better


At my request, my cardiologist sent me some information about why I should be scared about my high LDL levels. I covered one such item he sent me in a previous post, and in this one I’m going to cover another: an editorial in the New England Journal of Medicine titled Proof That Lower Is Better–LDL Cholesterol and IMPROVE-IT

I have to give the writers of this editorial credit for realizing that just because statins lower both heart attacks and LDL does not mean that lowering LDL would lower heart attack risk. They note that there may be other mechanisms at work “including amelioration of endothelial dysfunction, increased nitric oxide bioavailability, antioxidant properties, and inhibition of inflammation — that are unrelated to their lipid-lowering effect”.

So a lot of effort has gone into running trials that lower LDL without statins to see if those lower risk, but the authors note that these have not worked: “Several recent negative clinical trials have [shown] the addition of a nonstatin lipid-modifying agent to statin therapy conferred no significant increment in cardiovascular benefit over that seen with a statin alone”.

But all that has changed now, the editorial writers say, with the results of the IMPROVE-IT trial. They go on to say, “Perhaps the LDL hypothesis should now be considered the “LDL principle.””

In the IMPROVE-IT trial, researchers gave a control group a statin, and gave the experimental group the same statin plus a non-statin that reduces the absorption of cholesterol from the intestine.

Sure enough, the treatment group had 24% less cholesterol than the control group after just one year. And over the course of the 7 year trial, 34.7% of the control group hit a primary endpoint* compared to 32.7% of the treatment group. So there you go: proof that lowering LDL lowers risk.

But I’m not convinced, for several reasons.

First, at the one-year mark, patients in the treatment group had lower levels of triglycerides, apolipoprotein B, and high-sensitivity C-reactive protein when compared to the control group. These are known risk factors for heart disease! If treatment patients also had these factors in their favour, how do we know that it was reducing the LDL, and not these other things, that conferred this slight primary endpoint advantage? We don’t. But nowhere did the authors remark on this point in the discussion or the conclusion, as they attributed the difference in outcome solely on LDL.

Speaking of the outcome, that is a very small difference (34.7 vs 32.7), a relative risk difference of less than 6%. If you look further into the data, I’m not sure that “advantage” is worth much anyway. A higher percentage of patients who were in the treatment group died versus the control group (15.4% vs 15.3%)! This is worth emphasizing, because all of this effort is about prolonging life, and this treatment did not do that! A higher percentage of patients in the treatment group were also on aspirin, thienopyridine, and a beta-blocker, which also may have played a role in the results.

Finally, 42% of patients discontinued the medication prematurely. These patients were high-risk individuals who had been hospitalized for an acute coronary syndrome within the preceding 10 days, and yet they were rejecting what they were likely told were life-saving drugs. A high drop-out rate like this suggests to me there may be some major side effects to the drugs, though the trial authors did not cover this topic.

When people drop out, assumptions have to be made about what would have happened to them. When drop-out rates are high, the final results can be sensitive to these assumptions. Scientists are human; they want positive results. They are likely to make conscious or even unconscious assumptions that help them reach the conclusions they’re looking for. This study was funded by a major drug company.

This may be why the FDA did not approve these drugs. I haven’t dug into the details, but it appears as though the FDA was not comfortable with some of the assumptions made.

The authors note “several previous trials have failed to show a significant benefit of nonstatin lipid-modifying agents when added to statins”. From my perspective, this one can be added to that list. The simultaneous co-factors (triglycerides etc.), actual mortality risk, and high-dropout rate (and the assumptions made thereon) relative to the tiny relative risk “advantage” do not prove at all that lower LDL is better, at least from my perspective.

If you have any knowledge on this topic, I’m happy to hear from you.

*Primary endpoints were defined as a composite of cardiovascular death, nonfatal myocardial infarction, unstable angina requiring rehospitalization, coronary revascularization (≥30 days after randomization), or nonfatal stroke



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