The total loss in market capitalization for Unicycive Therapeutics (NASDAQ: UNCY) during the final leg of the CRL fallout in June 2025 was approximately $46.69 million.
How much do you want to spend settling the class action suit ...or spend fighting it ?
If the plaintiff can establish reasonable grounds for filing this action ...we would be unlikely to recover our legal fees even if we prevailed JMO ...non legal opinion
. Breakdown of Defense Costs Initial Stages (Motion to Dismiss): Defending a case through the motion to dismiss phase typically costs between $1 million to $2.5 million. (Because biotechs frequently get these suits dismissed early, this is the most common off-ramp).
Discovery & Trial: If the case proceeds into intensive document discovery and trial, total defense fees will easily escalate to $5 million to $10+ million
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