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Assertio Lawsuit Amid Generic Drug Approval
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Assertio Holdings, Inc. faces class action lawsuit for alleged securities law violations following FDA approval of a generic version of its product by Zydus Lifesciences Limited, prompting a stock price decline and withdrawal of financial outlook.
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How might the outcome of the class action lawsuit impact Assertio's future operations and credibility in the market?
In what ways could the generic drug approval affect the pharmaceutical industry and competition in the market?
What strategies could Assertio employ to regain investor trust and stabilize its financial standing post-lawsuit?
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