Aegerion Pharma under SEC investigation

14 January 2015
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US biotech firm Aegerion Pharmaceuticals (Nasdaq: AEGR) saw its shares fall 4,4% to $21.85, after the company revealed it was the subject of a US Securities and Exchange Commission investigation relating to its sales activities.

In a regulatory filing released this week, Aegerion revealed that, in late 2014, the company received a request for information from the SEC, requesting certain information related to its sales activities and disclosures related to the company’s first product, Juxtapid (lomitapide) capsules, a treatment for a rare cholesterol condition, known as homozygous familial hypercholesterolemia (HoFH).

Brazilian activities also under review

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