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flag Four biopharma firms granted stock options to new hires under a Nasdaq rule allowing inducement awards without shareholder approval.

flag Four biopharmaceutical companies—Akebia Therapeutics, Candel Therapeutics, Protara Therapeutics, and X4 Pharmaceuticals—announced stock option grants to new employees, citing Nasdaq Listing Rule 5635(c)(4), which allows inducement awards to attract talent without requiring shareholder approval. flag The grants are part of recruitment efforts and were made in connection with hiring new personnel.

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