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Pharmagene Shares Fall On Failed Phase IIa Study, Lower Guidance

By Nuala Moran

Wednesday, December 29, 2004
LONDON - Shares in Pharmagene plc dropped by one-quarter when the company announced its lead product, PGN0052, failed in a Phase IIa trial in cystic fibrosis and the company warned that 2004 revenues from its drug discovery services would be lower than 2003. (BioWorld International)

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