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Fly News Breaks for September 16, 2019
FCSC
Sep 16, 2019 | 07:47 EDT
Canaccord analyst Arlinda Lee downgraded Fibrocell Science to Neutral from Buy after the company announced that it was being acquired by FCX-007's development and commercialization partner, Castle Creek Pharmaceuticals, for $3 per share in cash. Lee lowered her price target on the stock to $3 from $20 to reflect the terms of the deal.
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