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FibroGen Suit Alleging Disclosure Failures Tossed In Del.

By Jeff Montgomery (October 3, 2024, 8:42 PM EDT) -- Biopharmaceutical company FibroGen has beaten a stockholder derivative lawsuit in Delaware's Chancery Court that accused the business and its top officers of fiduciary breaches and insider trading related to its flagship anemia drug, which was once projected to bring in $3.5 billion for the drugmaker before regulators refused to approve its use in the U.S....

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