Akari CEO abrupt­ly re­signs as a spe­cial com­mit­tee moves a PhII pa­tient suc­cess in­to the fail col­umn

Akari Ther­a­peu­tics CEO Gur Rosh­walb is out.

The biotech re­port­ed af­ter the mar­ket closed on Tues­day that Rosh­walb had re­signed — ef­fec­tive im­me­di­ate­ly — af­ter the board de­cid­ed to set up a spe­cial com­mit­tee to ex­am­ine the cir­cum­stances around an Edi­son In­vest­ment Re­search re­port on its ri­val ther­a­py to Alex­ion’s Soliris that was sud­den­ly re­tract­ed short­ly af­ter its re­lease.

The re­port was re­tract­ed due to “ma­te­r­i­al in­ac­cu­ra­cies.”

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