Humacyte (HUMA) Faces Class Action Lawsuit After FDA Inspection Reveals Manufacturing Issues– Hagens Berman
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Humacyte, Inc. (HUMA) is facing a class action lawsuit following an FDA inspection that revealed manufacturing issues. The lawsuit alleges that Humacyte misled investors about the status of its Biologic License Application and regulatory compliance.
November 19, 2024 | 1:15 am
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Humacyte is facing a class action lawsuit due to alleged misleading information about its Biologic License Application and manufacturing compliance issues revealed by an FDA inspection.
The class action lawsuit and FDA inspection findings are likely to negatively impact Humacyte's stock price in the short term. Legal issues and regulatory compliance concerns can lead to investor uncertainty and potential financial liabilities.
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