The Readout Loud cover image

268: Biogen's sticky situation, Wegovy's risks, & biotech insider trading

The Readout Loud

00:00

The Biotech News of Tottenham Hotspur

British billionaire Joe Lewis was charged with insider trading by federal prosecutors this week. He allegedly tipped off friends, girlfriends, pilots of his private, privately owned aircraft and gave them money to buy these stocks on material, non public information. The indictment is an interesting read because there is sort of like a classical form of insider trading where party one has insider information, use it to party two to trade on.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app