MedWatch

Orphazyme may face class action suit from US investors

A potential lawsuit in the US may be on the cards for Copenhagen-based biotech company Orphazyme, according to the company's H1 report. This is happening after several disappointments for the company over the past half-year, though the CEO and CFO say the suit is unfounded.

CFO Anders Vadsholt | Photo: Orphazyme / PR

Copehagen-based biotech company Orphazyme may be facing legal proceedings in the US, as lawyers are hunting for investors to join a possible class action suit.

This was revealed in Orphazyme's half-year report, released on Tuesday. CFO Anders Vadsholt told MedWatch:

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from MedWatch

Britt Meelby Jensen wants to rebuild trust in Ambu

After a turbulent time for Ambu under Juan Jose Gonzalez’s reign, new chief executive appointee Britt Meelby Jensen aims to rebuild the trust in the medtech firm, which has downgraded its expectations seven times over the past three years.

Outgoing Ambu CEO commends colleagues

”A true privilege,” says Juan Jose Gonzalez, describing his time as CEO at Ambu, which came to an end with Thursday’s announcement that Britt Meelby Jensen would take over the role.

Further reading

Related articles

Latest news

See all jobs