MedWhat insists Stanford University failed to disclose a conflict of interest when it invested in rival virtual medical assistant developer Sensely.
MedWhat, a US-based virtual medical assistant developer suing shareholders including Stanford University and its StartX fund, has accused a group of investors of unfairly exploiting a note issue to glean strategic information, Analytics Insight has reported.
MedWhat will argue its case exposes unfair practices deployed by its investors, in addition to a lack of transparency, honesty and good faith. The company alleges investors used the note to access commercial information while ensuring minimal risk so long as they claimed back the…
