Covid-19 roundup: Sorrento threatens to sue critic of their coronavirus ‘cure’; Novavax signs with SK bioscience
Sorrento Therapeutics has come under fire for how they’ve characterized their Covid-19 research, taking heat in May from researchers, bio-ethicists and even some investors for claiming they had a Covid-19 “cure.” Now, Sorrento is threatening “legal action” against an investment research firm critical of its work.
Hindenburg Research first criticized the company for the “cure” claim in a lengthy report in May, and then on Tuesday, wrote on Twitter that CEO Henry Ji’s claims and CNBC coverage of a spit test Sorrento licensed from Columbia University had more than doubled its stock value. Hindenburg cited an unnamed Columbia official who called Sorrento’s claims “a complete joke.”
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