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Alexion Defies Biotech's Slow Sales Trend; Beats Estimates

By Jennifer Boggs

Friday, July 22, 2011
Alexion Pharmaceuticals Inc. wowed investors on its earnings yet again, with second-quarter revenues that soundly beat expectations and prompted the Cheshire, Conn.-based firm to raise for the second time its 2011 sales guidance for paroxysmal nocturnal hemoglobinuria (PNH) drug Soliris (eculizumab).

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