The root of that lawsuit:
The NRx Pharma class action lawsuit alleges that, throughout the Class Period,
defendants made false and misleading statements and failed to disclose that:
(i) the ZYESAMI EUA application contained insufficient data regarding the
potential benefits and risks of ZYESAMI;
Is going to be very difficult to prove in court.
The EUA app contained "insufficient data?" How is that going to be proven that NRX knew that prior to submitting the EUA app?
Hindsight is always crystal clear and investing in the stock market is always at your own risk with no guarantees of success.
The only way that lawsuit is successful is if they have more money to pour into the case than NRX does, and NRX simply caves and pays up to make the lawsuit go away.
This lawsuit isn't going anywhere.
On the bigger picture...
I'm pissed too that this stock is tanking.
But that isn't fault of NRX.
This is clearly, 100% the fault of the FDA and the countless government functionaries who are all vax all the time. They've absolutely neglected therapeutics, unless they are tied to their big pharma donors.
It's not like NRX is asking for full licensing approval at this point. There is no reason at all, given the known data for about a year and a half now, that Zyesami should be continued to be denied an Emergency Use Authorization.
This is all about Political Science, and not actual Science.
The people who should be facing lawsuits are the FDA, the CDC, Fraudchi et. al. for withholding viable therapeutics from getting the same EUA treatment that the brand-new vax's got.
Always remember to do your own due diligence. Your money, your trade.
