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Fly News Breaks for March 13, 2015
DRRX
Mar 13, 2015 | 06:58 EDT
Cantor increased its price target on DURECT after the company announced that it had started a 20-week safety and PK trial evaluating three doses of its long-acting anti-psychotic drug, Relday. The firm added risk-adjusted Relday royalties to its model for Durect. It keeps a Buy rating on the shares.
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