The initial source of Craig's supposed investigati
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The FDA chastised the company for its claims about an experimental drug, leronlimab, which it tested in a failed clinical trial for COVID-19. The rebuke was followed by subpoenas from the SEC and the DOJ for documents related to company statements about the use of leronlimab in HIV, cancer, and COVID-19, as part of ongoing investigations.
“Landing in trouble with the FDA, SEC, and DOJ in a single year is one helluva biotech bingo card,” said STAT News in its annual roundup of biopharma’s “Worst CEO’s” – which included Pourhassan.