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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
BY CHRISTOFFER DUE KARLSSON, TRANSLATED BY CATHERINE BRETT

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:

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