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Historically, resolved legal issues in biotech have led to stock recoveries. Previous instances include companies like Amarin Corp, which surged after similar legal resolutions related to drug developments.
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The U.S. Department of Justice has concluded its investigation into Cassava Sciences regarding allegations of research misconduct related to its Alzheimer's drug, simufilam. This resolution is likely to enhance investor confidence and could positively impact SAVA's stock price.
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