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Post# of 403287
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F1ash

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F1ash

Re: FarmaZutical post# 139715

Friday, 02/12/2016 9:00:27 AM

Friday, February 12, 2016 9:00:27 AM

Post# of 403287
Thanks for the post. It's good to see justice prevail occasionally.

The sad thing is Rosen actually stated the cause of their investigation to be an article of the very same nature.

"On August 6, 2015, Seeking Alpha published an article revealing that Cellceutix misrepresented the efficacy of its drug candidates Brilacidin, Kevetrin, and Prurisol. On this news, shares of Cellceutix fell sharply during intraday trading on August 6, 2015, damaging investors."

http://www.businesswire.com/news/home/20150806006164/en/EQUITY-ALERT-Rosen-Law-Firm-Announces-Investigation

Since the first complaint basically regurgitated the Mako article, it seem obvious to me that was the entire source of their suit. Shameful!

LEGEND OF ABBREVIATIONS
B = Brilacidin, the antibiotic
K = Kevetrin, the oncology drug
P = Prurisol, the psoriasis drug
SAE = Serious Adverse Event
IND = Investigational New Drug


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