NexBio in San Diego raided by FBI.

Anyone know why; what are the Feds going after?

I am sure most of the grant

I am sure most of the grant money has gone to the CEO and his wife’s overseas accounts, as they lavishly spent the money for their parties and overseas trip, as well as their very generous bonus and salaries. These people are not honest and tend to abuse the system.

they cured the flu. either

they cured the flu. either the us govt wants to keep the cure for itself or lobbyists from other pharma companies called in a favor from their congressman

I've heard that this company

I've heard that this company is running by a chinese couple.

Given what little was in the

Given what little was in the local news, it seems like a grants fraud investigation. The FBI was assisting the Inspector General from HHS, which is most likely interested in 10's of millions of grant dollars from the NIH.

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