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Biotech Stocks Showing Recovery Signs
- Biotech stocks have shown initial signs of recovery after a prolonged slump this year.
- Positive FDA messaging on drug approvals helped boost investor confidence and stock prices.
Tariff Uncertainty Clouds Pharma Outlook
- Uncertainty around US tariffs on pharmaceutical imports remains high and rhetoric shifts frequently.
- Biotech confidence depends on how tariffs will impact supply chains and overall market dynamics.
Sam Waksal Lawsuit and Allegations
- Sam Waksal was sued over allegations including smuggling an unapproved veterinary medicine for use on a severely ill child.
- Allegations include reckless conduct and financial mismanagement linked to company bankruptcy.