Evan Bush is a science reporter for NBC News. He can be reached at [email protected].
A neuroscientist whose work helped pave the way for an Alzheimer’s drug candidate was indicted by a federal grand jury on Thursday on charges of fraud. The indictment, announced Friday by the Justice Department, brings additional scrutiny to the work of Hoau-Yan Wang, who has had multiple studies retracted and faced an investigation by the City University of New York, his employer, that was later halted.
investigation made “no conclusive findings of data manipulation, consistent with what I’ve been saying for two years.” Cassava said in a release on Friday that Wang had not participated in its most recent trial. In a news release, the company said: “Wang’s work under these grants was related to the early development phases of the Company’s drug candidate and diagnostic test and how these were intended to work.
had found evidence that the drug could affect signaling pathways with suspected involvement in Alzheimer’s. learned of the indictment on Friday, a spokesperson said in an email, adding: “The University has and will continue to cooperate to the fullest degree with the federal government’s investigation until the matter is resolved.” The indictment doesn’t specifically name the university, drug or company, listing them instead as “University 1,” “Drug A” and “Company 1,” respectively. Still, Cassava’s shares fell nearly 35% on Friday in a rapid plunge that triggered multiple trading halts.
that found evidence suggesting research misconduct. The university halted its investigation after Science published the report. Multiple journal articles on which Wang was an author have been retracted, according to the website Retraction Watch.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jenna Bush Hager Shares Advice Grandfather George H.W. Bush Gave Her Before He DiedDrew Weisholtz is a reporter for TODAY Digital, focusing on pop culture, nostalgia and trending stories. He has seen every episode of “Saved by the Bell” at least 50 times, longs to perfect the crane kick from “The Karate Kid” and performs stand-up comedy, while also cheering on the New York Yankees and New York Giants.
Read more »
Jenna Bush Hager Honors George H.W. Bush On 100th BirthdayRachel Paula Abrahamson is a lifestyle reporter who writes for the parenting, health and shop verticals. Her bylines have appeared in The New York Times, Good Housekeeping, Redbook, and elsewhere. Rachel lives in the Boston area with her husband and their two daughters. Follow her on Instagram.
Read more »
Jenna Bush Hager shares letter to her late ‘Gampy' George HW Bush on his 100th birthdayJenna Bush Hager is remembering her late grandfather, the United States’ 41st president, George H.W. Bush, on what would have been his 100th birthday.
Read more »
Olympic hopefuls speak out about fears of severe summer heat in ParisEvan Bush is a science reporter for NBC News. He can be reached at Evan.Bushnbcuni.com.
Read more »
Contamination levels in the Seine still unsafe for Paris Olympians: reportEvan Bush is a science reporter for NBC News. He can be reached at Evan.Bushnbcuni.com.
Read more »
Storm chasers catch tornado winds above 300 mph in rare 'intercept'Evan Bush is a science reporter for NBC News. He can be reached at Evan.Bushnbcuni.com.
Read more »