Pharma Co. Misled Investors On Depression Drug, Suit Says
By Sydney Price ( February 10, 2025, 9:20 PM EST) -- Brain disease drugmaker Neumora Therapeutics Inc. has been hit with a proposed shareholder class action alleging that the company and its initial public offering underwriters failed to disclose prior to the $250 million IPO that Neumora's clinical trial for a depression treatment was very unlikely to yield promising results....
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