Post by
FarmerBetsy on Jan 22, 2025 7:57am
Cassava Drama
The drama continues after the stock tanking is the class action law suit. Acoording to the complaint, defendants provided investors and materila information concerning Cassava's leading drug candidate, sinufilam. Defendants' statements included, among other things, clear confidence in simufilam's ability to treat Alzheimer's Disease. Former Pormis chief medical officer James Kupeic is chief medical officer at Cassava
Comment by
M101 on Jan 22, 2025 11:24am
I had a problem with their science presentation independent from the eventual fraud, the core hypothesis* was never fleshed out on the website as it is with Promis. *"Simufilam’s primary mechanism is to disrupt the toxic signaling of soluble Aβ42 via the α7nAChR that hyperphosphorylates tau" https://www.mdpi.com/1422-0067/24/18/13927