Another issue worth noting involves concerns raised about Inovio Pharmaceuticals by investment research firm Citron Research, which compared Inovio to Theranos, the disgraced medical technology company that had initially promised to offer diagnoses for numerous diseases via a simple blood test, but was later revealed to be a sham. Citron asserted that “It’s been over 40 years since Inovio was founded, yet the company has NEVER [sic] brought a product to market, and all the while insiders have enriched themselves with hefty salaries and large stock sales
