BUZZ-Cassava Sciences rises after US DOJ closes probe into company

Reuters

02/19

** Shares of drug developer Cassava Sciences SAVA.O rise 2.82% to $2.19 premarket

** Co says the U.S. Department of Justice has ended its probe into the company regarding allegations of research misconduct for its experimental Alzheimer's drug simufilam

** Co says probe ended four months after the Justice Department dismissed a criminal indictment accusing former adviser Hoau-Yan Wang, who allegedly submitted false data regarding the drug

** SAVA shares fell 16.1% in 2025

(Reporting by Gnaneshwar Rajan in Bengaluru)

((Gnaneshwar.Rajan@thomsonreuters.com;))

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