| Founded | 1998 |
|---|---|
| Closed | 2024 |
| Country | USA |
| Sector | Biotech |
| Total raised | 300 |
| Collapse type | Fraud Explosion |
| Founder | Remi Barbier |
Cassava Sciences
"The Alzheimer's drug that hit $4B on manipulated data — SEC consent order, CEO resignation, open investigation"
Sudden collapse triggered by fraud exposure
Key Events Timeline
Cassava Sciences ran an Alzheimer's drug (simufilam) that became a $4B story in 2021.
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