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BioWorld-International-2010-08-11
Elan Moves ELND005 into Phase III, Nixes Drug Delivery
Elan Moves ELND005 into Phase III, Nixes Drug Delivery
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)