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this is the drug she went to jail over (insider trading) she got inside/non-public info from Peter Bacanovic, who was her broker at Merrill Lynch; that the sales were going to drop due to an adverse drug event that the FDA was going to announce the next day. she sold all 3,928 shares of her ImClone Systems stock on December 27, 2001, the next day, the stock value fell 16%.
FYI its a cancer drug for head / neck/ or colorectal cancer. and you can also find info on this by looking up ImClone scandal. ImClone was the company that used to make it, but EliLily bought the company in 2008.
What else can I help you with?
What was Martha Stewart inc renamed?
Martha Stewart Inc. was a company created by Martha Stewart in 1997. It was renamed to Martha Stewart Living Omnimedia.
Is Martha Stewart married?
Yes, Martha Stewart married to Andrew Stewart in 1961
What is the imclone by Martha Stewart?
ImClone is a biotechnology company known for its development of cancer therapies, particularly the drug Erbitux (cetuximab), which targets certain types of cancer. Martha Stewart has no direct association with ImClone; however, she faced legal issues in 2001 connected to ImClone's founder, Samuel Waksal, due to insider trading allegations. Stewart sold her shares in ImClone just before a significant drop in the company's stock price, which led to her conviction for obstruction of justice and lying to investigators.
What is Martha Stewart's occupation?
Martha Stewart is a/an Businesswoman, writer, television personality
What is the name of Martha Stewart's son?
Martha Stewart's son is named Charles "Chuck" Stewart. He was born in 1961 and is her only child. Chuck has been involved in various aspects of Martha Stewart's business ventures over the years.
What is the name of Martha Stewart's magazine?
The name of Martha Stewart's magazine is "Martha Stewart Living."
What was Martha Stewart inc renamed?
Martha Stewart Inc. was a company created by Martha Stewart in 1997. It was renamed to Martha Stewart Living Omnimedia.
Is Martha Stewart transgender?
NO! Martha Stewart is NOT transgendered!
Is Martha Stewart single?
No, Martha Stewart is not single.
When did Martha Stewart get married?
Martha Stewart married to Andrew Stewart in 1961
Who did Martha Stewart marry?
Martha Stewart married to Andrew Stewart in 1961
Is Martha Stewart tall?
hello i am Martha Stewart. i am 5'5.After researching on the internet, I believe Martha Stewart to be 5ft, 9in.
Is Martha Stewart married?
Yes, Martha Stewart married to Andrew Stewart in 1961
Who founded the Martha Stewart Weddings?
Martha Stewart founded Martha Stewart Weddings! This company has been around about as long as Martha Stewart has owned successful businesses! Check out their website.
How tall is Martha Stewart?
hello i am Martha Stewart. i am 5'5.After researching on the internet, I believe Martha Stewart to be 5ft, 9in.
What is Martha Stewart's birthday?
Martha Stewart was born on August 3, 1941.
What is Martha Stewart's birthday?
Martha Stewart was born on August 3, 1941.
