{"id":473716,"date":"2021-04-08T09:39:17","date_gmt":"2021-04-08T13:39:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=473716"},"modified":"2021-04-08T09:39:17","modified_gmt":"2021-04-08T13:39:17","slug":"hagens-berman-national-trial-attorneys-encourages-fibrogen-fgen-investors-with-losses-to-contact-its-attorneys-now-company-admits-to-manipulating-data-for-anemia-drug-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-fibrogen-fgen-investors-with-losses-to-contact-its-attorneys-now-company-admits-to-manipulating-data-for-anemia-drug-2\/","title":{"rendered":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages FibroGen (FGEN) Investors with Losses to Contact Its Attorneys Now, Company Admits to Manipulating Data for Anemia Drug"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n SAN FRANCISCO<\/span>, April 8, 2021<\/span> \/PRNewswire\/ —\u00a0<\/b>Hagens Berman urges FibroGen, Inc.\u00a0<\/b>(NASDAQ: FGEN)\u00a0investors with significant losses to submit your losses now<\/a>. The firm is investigating possible securities fraud and certain investors may have valuable claims. <\/p>\n

\n

\n
\n \"Hagens
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n Visit:<\/b>\u00a0www.hbsslaw.com\/investor-fraud\/FGEN<\/a>
Contact An Attorney Now:<\/b>\u00a0FGEN@hbsslaw.com<\/a>\u00a0
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916-0895<\/b><\/p>\n

\n FibroGen, Inc. (NASDAQ: FGEN) Investigation: <\/b>\n <\/p>\n

The investigation is focused on FibroGen’s presentation of false data of roxadustat to make the anemia drug look safer than it is.<\/p>\n

In past quarters, FibroGen has touted the prospects of roxadustat. A key selling point for the drug has been its purported heart safety as compared to standard of care erythropoietin (EPO) injectable therapies, which cannot be proscribed to a variety of patients at risk of major cardiac events. To support this marketing edge, FibroGen presented data from phase 3 trials purportedly showing roxadustat was safer than EPO, among other at risk populations, in incident dialysis patients. <\/p>\n

But after the market closed on Apr. 6, 2021<\/span>, FibroGen stunningly admitted to altering stratification factors to make roxadustat’s hazard ratios indicate lower risk relative to EPO. As a result of the data manipulation, FibroGen CEO Enrique Conterno<\/span> admitted that the company can no longer say its drug was safer than EPO in incident dialysis patients. \u00a0\u00a0<\/p>\n

In response to this news, several analysts slashed their FibroGen share price targets, reduced their investment recommendations, and the price of FibroGen shares plummeted. <\/p>\n

“We’re focused on investors’ losses and whether FibroGen senior management intentionally manipulated the safety-related data for its anemia drug,” said Reed Kathrein<\/span>, the Hagens Berman partner leading the investigation. <\/p>\n

If you are a FibroGen\u00a0investor and have significant losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman<\/a>.<\/p>\n

\n Whistleblowers: <\/b>Persons with non-public information regarding FibroGen should consider their options to help in the investigation or take advantage of the SEC Whistleblower program.\u00a0Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein<\/span> at 844-916-0895<\/b> or email FGEN@hbsslaw.com<\/a>.<\/p>\n

\n
\n About Hagens Berman<\/a>
\n <\/u>
\n
Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys.\u00a0The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com<\/a>.\u00a0For the latest news visit our newsroom<\/a><\/u> or follow us on Twitter at @classactionlaw<\/a><\/u>.<\/p>\n

\n Contact:
<\/u>
\n Reed Kathrein<\/span>, 844-916-0895<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/hagens-berman-national-trial-attorneys-encourages-fibrogen-fgen-investors-with-losses-to-contact-its-attorneys-now-company-admits-to-manipulating-data-for-anemia-drug-301264937.html<\/a><\/p>\n

SOURCE Hagens Berman Sobol Shapiro LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire SAN FRANCISCO, April 8, 2021 \/PRNewswire\/ —\u00a0Hagens Berman urges FibroGen, Inc.\u00a0(NASDAQ: FGEN)\u00a0investors with significant losses to submit your losses now. The firm is investigating possible securities fraud and certain investors may have valuable claims. Visit:\u00a0www.hbsslaw.com\/investor-fraud\/FGENContact An Attorney Now:\u00a0FGEN@hbsslaw.com\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916-0895 FibroGen, Inc. (NASDAQ: FGEN) Investigation: The investigation is focused on FibroGen’s presentation of false data of roxadustat to make the anemia drug look safer than it is. In past quarters, FibroGen has touted the prospects of roxadustat. A key selling point for the drug has been its purported heart safety as compared to standard of care erythropoietin (EPO) injectable therapies, which cannot be proscribed to a variety of patients at risk of major cardiac events. To support this marketing … <\/p>\n

Continue reading “HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages FibroGen (FGEN) Investors with Losses to Contact Its Attorneys Now, Company Admits to Manipulating Data for Anemia Drug”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-473716","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages FibroGen (FGEN) Investors with Losses to Contact Its Attorneys Now, Company Admits to Manipulating Data for Anemia Drug - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-fibrogen-fgen-investors-with-losses-to-contact-its-attorneys-now-company-admits-to-manipulating-data-for-anemia-drug-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages FibroGen (FGEN) Investors with Losses to Contact Its Attorneys Now, Company Admits to Manipulating Data for Anemia Drug - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SAN FRANCISCO, April 8, 2021 \/PRNewswire\/ —\u00a0Hagens Berman urges FibroGen, Inc.\u00a0(NASDAQ: FGEN)\u00a0investors with significant losses to submit your losses now. The firm is investigating possible securities fraud and certain investors may have valuable claims. Visit:\u00a0www.hbsslaw.com\/investor-fraud\/FGENContact An Attorney Now:\u00a0FGEN@hbsslaw.com\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916-0895 FibroGen, Inc. (NASDAQ: FGEN) Investigation: The investigation is focused on FibroGen’s presentation of false data of roxadustat to make the anemia drug look safer than it is. In past quarters, FibroGen has touted the prospects of roxadustat. A key selling point for the drug has been its purported heart safety as compared to standard of care erythropoietin (EPO) injectable therapies, which cannot be proscribed to a variety of patients at risk of major cardiac events. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-fibrogen-fgen-investors-with-losses-to-contact-its-attorneys-now-company-admits-to-manipulating-data-for-anemia-drug-2\/","og_locale":"en_US","og_type":"article","og_title":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages FibroGen (FGEN) Investors with Losses to Contact Its Attorneys Now, Company Admits to Manipulating Data for Anemia Drug - Market Newsdesk","og_description":"PR Newswire SAN FRANCISCO, April 8, 2021 \/PRNewswire\/ —\u00a0Hagens Berman urges FibroGen, Inc.\u00a0(NASDAQ: FGEN)\u00a0investors with significant losses to submit your losses now. The firm is investigating possible securities fraud and certain investors may have valuable claims. Visit:\u00a0www.hbsslaw.com\/investor-fraud\/FGENContact An Attorney Now:\u00a0FGEN@hbsslaw.com\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916-0895 FibroGen, Inc. (NASDAQ: FGEN) Investigation: The investigation is focused on FibroGen’s presentation of false data of roxadustat to make the anemia drug look safer than it is. In past quarters, FibroGen has touted the prospects of roxadustat. A key selling point for the drug has been its purported heart safety as compared to standard of care erythropoietin (EPO) injectable therapies, which cannot be proscribed to a variety of patients at risk of major cardiac events. 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