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Miles
Km80.5

   

Neurosearch A/S (NEUR.CO) Accused of Manipulating Stock Prices


5/23/2012 8:45:07 AM

Danish biopharma firm Neurosearch A/S said on Wednesday charges of share price manipulation had been filed against it, but it denied the allegations and said it was working with the authorities to clear up the matter. Neurosearch said the charges were related to an announcement in February 2010 in which the management of the company reported top-line results from a Phase III study with its Huntington's disease drug candidate Huntexil and then two months later reassessed and corrected the data in a new announcement.

Read at Reuters

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