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Fraud Suits Targeting Sanofi Over MS Drug Prospects Tossed

By Pete Brush (January 28, 2015, 4:11 PM EST) -- A Manhattan federal judge on Tuesday threw out an investor class action and a related securities fraud damages suit against Sanofi over a 2013 setback in its effort alongside recently acquired Genzyme Corp. to win approval for their Lemtrada multiple sclerosis drug, finding rosy statements predicting on-time approval were genuinely believed when they were made....

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