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Orexo Shares Fall as J&J Exits Preclinical Metabolic Alliance

By Cormac Sheridan
Staff Writer

Wednesday, February 1, 2012

Shares in Orexo AB fell more than 10 percent Tuesday on news that the Johnson & Johnson subsidiary Janssen Pharmaceuticals Inc., was terminating an alliance to develop drugs targeting pathways involved in arachidonic acid metabolism.

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