DOJ closes probe into Cassava Sciences over Simufilam

DOJ closes probe into Cassava Sciences over Simufilam

Cassava Sciences announced the DOJ closed its probe into research misconduct allegations, concluding investigations by both the DOJ and SEC. The company is now pivoting to develop Simufilam for TSC-related epilepsy. Despite the legal resolution, shares traded 2% lower as the company moves forward with its new focus.

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