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Episode 67

Biotech Hangout

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The Insider Trading Scandal

There was a big insider trading scandal that came to light this week. The Justice Department has alleged that British billionaire Joe Lewis has done pretty substantial insider trading. What I can't say is that in our industry there's a well-known investor, which is Boxer Capital. And so I think it's just important to be clear that the allegations are not about anything that happened at Boxer but instead of essentially what happened between Joe and some of his friends on his boat.

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