廣告
香港股市 已收市
  • 恒指

    16,541.42
    +148.58 (+0.91%)
     
  • 國指

    5,810.79
    +82.66 (+1.44%)
     
  • 上證綜指

    3,010.66
    +17.52 (+0.59%)
     
  • 滬深300

    3,520.96
    +18.18 (+0.52%)
     
  • 美元

    7.8256
    +0.0026 (+0.03%)
     
  • 人民幣

    0.9228
    -0.0004 (-0.04%)
     
  • 道指

    39,807.37
    +47.29 (+0.12%)
     
  • 標普 500

    5,254.35
    +5.86 (+0.11%)
     
  • 納指

    16,379.46
    -20.06 (-0.12%)
     
  • 日圓

    0.0514
    -0.0000 (-0.08%)
     
  • 歐元

    8.4432
    -0.0260 (-0.31%)
     
  • 英鎊

    9.8780
    -0.0070 (-0.07%)
     
  • 紐約期油

    83.11
    -0.06 (-0.07%)
     
  • 金價

    2,254.80
    +16.40 (+0.73%)
     
  • Bitcoin

    70,988.70
    +1,728.40 (+2.50%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

Cassava Sciences Shares Plunge After Criminal Investigation Report

  • The U.S. Justice Department has opened a criminal investigation into Cassava Sciences Inc (NASDAQ: SAVA) on whether it manipulated research results for its investigational Alzheimer's drug, Reuters reported citing two people familiar with the inquiry.

  • "To be clear: Cassava Sciences vehemently denies any and all allegations of wrongdoing," said Kate Watson Moss, a lawyer representing Cassava.

  • The company "has never been charged with a crime, and for a good reason - Cassava Sciences has never engaged in criminal conduct," Watson added.

  • Related: New York Times Report Fresh Allegations On Cassava's Simufilam Alzheimer's Trials, Shares Fall.

  • Watson Moss said, "Cassava Sciences has provided information in response to these requests in full satisfaction of its legal obligations." Watson Moss added that no government agency had accused the company of wrongdoing.

  • The company is already under SEC scrutiny after two physicians alleged data manipulation and the misrepresentation of the company's Alzheimer's drug, simufilam.

  • Price Action: SAVA shares are down 39.5% at $13.15 during the premarket session on the last check Wednesday.

See more from Benzinga

廣告

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.