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Orianna Rosa Royle

Stanford geneticist pays $29m for duping VC friend into investing in bogus cure for Huntington's

Stanford Disease Brain FDA Elizabeth Holmes ranos Stanford University

professor of pediatrics at Stanford School of Medicine, holds rack of test tubes holding DNA (Credit: MediaNews Group/Bay Area News via Getty Images)

A world-renowned geneticist and Stanford University professor has been made to pay over $29 million in damages after duping his friend into investing $20 million in his "miracle cure" for Huntington's disease.

Professor Stanley Cohen was found to have committed “a species of actual fraud and…deceit” in misleading investors in Nuredis, the biotechnology company he founded in 2016.

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