Acadia Investor Says Officers Overhyped Drug's Prospects
By Emilie Ruscoe ( December 19, 2023, 7:39 PM EST) -- An investor in biopharmaceutical company Acadia Pharmaceuticals Inc. has filed a derivative shareholder suit against the company's brass in San Diego federal court alleging the executives misrepresented its chances of receiving regulatory approval for one of its drugs to be used to treat psychological disorders related to dementia....
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