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Elan Moves ELND005 into Phase III, Nixes Drug Delivery

By Cormac Sheridan

Wednesday, August 11, 2010
DUBLIN, Ireland – Elan Corp. plc has decided against spinning out its drug delivery arm, Elan Drug Technologies (EDT), into a separate business after concluding that "market conditions at this time are not conducive to an appropriate valuation." (BioWorld International)

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