$Cassava Sciences (SAVA.US)$ Here is the Breakdown: SAVA set...
$Cassava Sciences (SAVA.US)$ Here is the Breakdown: SAVA settled with SEC because they know that 40M is nothing compared to what they are going to make when Simufilam becomes Available. FDA still granted them 2 SPA's , agreed for them to continue with OLE Extension as many trial sites and patients requested it and has been deemed safe with several reviews. Did everyone forget about Biogen 2 years ago that Paid $900M to settle false claims but Biogen is still thriving as a company even though their multiple Alzheimer's drugs had been questionably approved by FDA then rejected? SAVA is a disruptor in Alzheimer's and in 8 weeks we will see their benefits in a larger scale. There's cost to doing business in a new space before taking it over. SEC is cleared and now there is no lien on SAVA stock to keep it from flying back High!!!!
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scarlight : but the company itself is participating in fraud.It will see further declines for the uncertainties and non compliance with medical standards.
7122413 scarlight : So much fraud that the SEC only fined them $40m