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Bella mazzata oggi
C’è una indagine su possibili violazioni da parte di Cassava, riguardo la approvazione di una nuova terapia per la cura dell’Alzhaimer
Law Offices of Howard G. Smith announces an investigation on behalf of Cassava Sciences, Inc. (Cassava or the Company) (NASDAQ: SAVA) investors concerning the Companys possible violations of federal securities laws
La società ha già risposto punto per punto ad ogni sospetto evidenziato dall’ufficio legale. Non sono in grado di valutarne l’efficacia, ma mi ha dato la sensazione di una preparazione e sicurezza tali, da convincermi a comprare un pacchetto di azioni, spero ad un buon prezzo
Cassava Sciences Responds to Allegations
August 25, 2021 06:00 ET | Source: Cassava Sciences, Inc.
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AUSTIN, Texas, Aug. 25, 2021 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (Nasdaq: SAVA), a biotechnology company focused on Alzheimer’s disease, today issued a response to claims that were posted on-line yesterday after market hours. Cassava Sciences believes the claims made in this post regarding scientific integrity are false and misleading. The Company stands behind its science, its scientists and its scientific collaborators, and is responding to ensure the facts are known and respected.
“As a science company, we champion facts that can be evaluated and verified,” said Remi Barbier, President & CEO. “This helps people make informed choices. It is important for stakeholders to separate fact from fiction, which is why we wish to address allegations head-on.”
Fiction: Biomarker data is generated by Cassava Sciences or its science collaborators and therefore are falsified.
Fact: Cassava Sciences’ plasma p-tau data from Alzheimer’s patients was generated by Quanterix Corp., an independent company, and presented at the recent Alzheimer’s Association International Conference1.
Fiction: Plasma p-tau for one individual Alzheimer’s patient increased by 235%, which was not shown in the scatterplot.
Fact: This patient’s plasma p-tau increased by 38%, not 235%, as shown in a scatterplot.2
Fiction: Tissue staining showing Abeta42 inside neurons shows treatment effects.
Fact: Yes, Abeta42 is indeed inside neurons prior to plaque formation.
Fiction: The author’s Citizen Petition to FDA dated August 18, 2021, is evidence of wrongdoing.
Fact: Five days after the Citizen’s Petition, Cassava Sciences announced it had reached an agreement with FDA on Special Protocol Assessments (SPA) for its Phase 3 studies of simufilam for the treatment of Alzheimer’s disease. The SPAs underscore alignment with FDA on key scientific, clinical and regulatory requirements of the Company’s Phase 3 program of simufilam in Alzheimer’s disease.3 Furthermore, a Citizen’s Petition allows any party to raise safety/efficacy concerns with drugs the FDA is considering for approval, which is not the case for Cassava Sciences’ simufilam.4
Fiction: Extensive use of Western blot analysis is foundational to Cassava Sciences’ research and therefore suspicious.
Fact: Western blot analysis is foundational to the biotechnology industry5. Western blotting is a standard lab technique used world-wide to detect a protein of interest.
Fiction: Cassava Sciences’ Western blots data appear overexposed and highly processed, evidence of image manipulation.
Fact: High quality bands are supposed to look sharp6. Smudged bands can be evidence of inexperience, depending on levels of protein in the band.
Fiction: Western blots data are identical, more evidence of image manipulation.
Fact: The Western blots bands shown in the allegation are control bands. Control bands are supposed to be highly similar (since they show equal amounts of protein between lanes). Bands show clear differences when expanded. In addition, image manipulation of control bands makes no sense since these would not change the end data.
Fiction: “Halo” effects in certain bands indicate fraud.
Fact: A “Halo” effects in certain bands is a direct result of very dense dark loading control bands.7
Fiction: Unusual looking bands on Western blots were pieced together from multiple sources.
Fact: Proteins can and do stick to the side of a lane and migrate that way, resulting in ‘candy-wrapper’ appearance or other fictional images.
Fiction: Femtomolar binding affinity is unusual and suspicious.
Fact: Femtomolar binding affinity is a fundamental property of simufilam and may account for its relative potency and safety.
Fiction: Post-mortem brain tissue that is dead for a decade is unreliable.
Fact: Because of the inaccessibility of the human brain and its unavailability for biopsy, translational medicine can rely on post-mortem tissue8. In our case, human brain tissue was collected within 6 hours of death, flash-frozen and stored at -80 Centigrade. This is a standard procedure for pathologists. Such tissue processing is also used in cancer and other fields. Cassava Sciences is not aware of an industry-wide ‘expiration date’ on human post-mortem brain tissue that is properly collected, processed and stored.
Fiction: Isoelectric focusing gels should not have crisp bands, which is evidence of fraud.
Fact: Quality isoelectric focusing gels often do have crisp bands9.
Fiction: Changes in the Y-maze test for transgenic mice could be interpreted as a decline in cognition.
Fact: A panel of independent, peer-reviewers believe these changes represent an improvement, along with significant improvements in two other behavior tests.
Fiction: High-affinity binding of naloxone for filamin A is suspicious.
Fact: Naloxone binds the same site on filamin A. Of course, it will have high-affinity binding.
Fiction: Isoelectric focusing experiments indicate 100% of filamin A is in altered conformation in Alzheimer’s disease and is largely restored to correct conformation by simufilam.
Fact: Cassava Sciences agrees. This nicely describes the mechanism of action for simufilam.
About Cassava Sciences, Inc.
Cassava Sciences’ mission is to discover and develop innovations for chronic, neurodegenerative conditions. Over the past 10 years, Cassava Sciences has combined state-of-the-art technology with new insights in neurobiology to develop novel solutions for Alzheimer’s disease. For more information, please visit: Cassava Sciences | Cassava Sciences, Inc..
For More Information Contact:
Eric Schoen, Chief Financial Officer
eschoen@CassavaSciences.com, or (512) 501-2450