Last year, Novo Nordisk bought US company Emisphere Technologies for USD 1.8bn. Former investors in Emisphere are now suing the company's largest shareholder, MHR Fund Management, according to Fierce Pharma.
Iszo, a New York-based investment fund, accuses MHR of manipulating the Emisphere board to sell the company at an inconvenient time at an artifically low price.
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