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Biotech Co. To Pay $4M To End Presentation Hype Suit

By Bill Wichert ( April 15, 2022, 3:40 PM EDT) -- A biopharmaceutical company acquired by Gilead Sciences will pay $4 million to resolve class claims in New Jersey federal court alleging it misled investors into expecting that new drug results would be presented at conferences of the American Society of Clinical Oncology, according to a motion seeking preliminary approval of the deal....

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