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First Wave Bio Investors Sue In Del. For AzurRx Merger Money

By Leslie A. Pappas (May 20, 2022, 6:00 PM EDT) -- Former shareholders of biopharmaceutical company First Wave Bio Inc., which merged with AzurRx BioPharma Inc. in 2021, sued the company in Delaware Chancery Court on Thursday, saying it had refused to make scheduled merger payments or make reasonable efforts to develop the products it promised....

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