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: Bodily Injury BlogBiotech Co. Settles Class-Action Lawsuit
By Edward Bills
Biotechnology company Sequenom announced a $14 million settlement last week with a group of shareholders that filed a class-action lawsuit against the company in April after their stock plummeted 80 percent. The company had announced that data and results from trials and tests of their product SEQureDX, a prenatal test for Down syndrome that eliminates the risks of amniocentesis, had been improperly handled, prompting the price drop and lawsuit.
Full post as published by Bodily Injury Blog on January 19, 2010 (boomark / email).
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