Short sellers, ‘gaming’ the FDA, and the damaging ripple effects


The circumstances surrounding Cassava Sciences read like a nonfiction scientific thriller: a little-known biopharmaceutical company, a groundbreaking new drug candidate for Alzheimer’s disease, and two short sellers—one with ties to Big Pharma—personally vested in driving the company’s stock price down.
Short sellers, ‘gaming’ the FDA, and the damaging ripple effects


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