Investigation Initiated By Levi & Korsinsky Over The Sale Of CoLucid Pharmaceuticals Inc. (NASDAQ:CLCD)

Investigation Initiated By Levi & Korsinsky Over The Sale Of CoLucid Pharmaceuticals Inc. (NASDAQ:CLCD)

It has been officially announced, through a statement issued, that Levi & Korsinsky is launching an investigation over the sale between CoLucid Pharmaceuticals Inc. (NASDAQ:CLCD), which was purchased by Eli Lilly & Co (NYSE:LLY). The reason behind this investigation is due to the uncertainty that this merger was fair to the shareholders of the organization. More details about the merger and the investigation According to the signed merger agreement, CoLucid […]

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Eli Lilly and Co (NYSE:LLY) & Sanofi SA (ADR)(NYSE:SNY) Among Others Accused Of Price Fixing On Insulin

Eli Lilly and Co (NYSE:LLY) & Sanofi SA (ADR)(NYSE:SNY) Among Others Accused Of Price Fixing On Insulin

The prices foe on drugs from pharmaceutical companies seems to be never ending, of late. In a latest move, Eli Lilly and Co (NYSE:LLY), along with Sanofi SA (ADR)(NYSE:SNY) and Novo Nordisk A/S (ADR)(NYSE:NVO) were accused of “conspiring” in hiking the prices of insulin. As a result, a federal lawsuit is filed against the three in federal court in Massachusetts. Companies exploiting opaque drug-pricing system in the US The feud […]

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