Cassava Insiders Got A Lot Richer As Shares Rebound Following Refutation of Data Manipulation Claims

• Journal of Prevention of Alzheimer's Disease (JPAD) informed Cassava Sciences Inc (NASDAQ: SAVA) about no convincing evidence to support data manipulation allegations in a 2020 paper on simufilam co-authored by the company's personnel and its science collaborators.

• Simufilam, Cassava's Alzheimer's candidate, is a small molecule (oral) drug that restores the normal shape and function of altered filamin A protein in the brain.

• "From the onset, I have said that allegations of research misconduct are false, and for a good reason – I see no supporting evidence for the allegations," said Remi Barbier, President & CEO.

• "I'm hopeful that written pronouncements from neutral and independent science experts will help close the chapter of baseless attacks against our science."

• Related Content: Cassava Sciences Shares Plunge After Criminal Investigation Report.

• In May 2022, Neurobiology of Aging investigated and found no evidence of data manipulation in a paper on simufilam published in that journal in 2017.

• In December 2021, Cassava Sciences announced that Neuroscience investigated and found no evidence of data manipulation in a paper published in 2005.

• In November 2021, Cassava Sciences announced that The Journal of Neuroscience investigated and found no evidence of data manipulation in a paper on simufilam published in July 2012.

• Price Action: SAVA shares are up 1.79% at $26.18 on the last check Thursday.

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