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SEC-FDA data-sharing pact raises scrutiny for life sciences firms

A photo of a crowd of men and women speaking and listening to each other long horns at the Frankfurt Book Fair.
Photo: Thomas Lohnes/Getty Images

A new SEC-FDA information-sharing agreement could accelerate probes into disclosures, insider trading claims, and regulatory statements.

A new information-sharing agreement between the SEC and the Food and Drug Administration (FDA) is expected to increase regulatory scrutiny of publicly traded life sciences companies.

The memorandum of understanding (MOU), announced on August 31, establishes a formal framework for the agencies to exchange nonpublic information related to FDA-regulated products,

The

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