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Fly News Breaks for March 31, 2015
IDRA
Mar 31, 2015 | 14:49 EDT
Piper Jaffray noted that today's FDA disclosure of granting Idera an orphan designation for IMO-8400 in treatment of diffuse large B-cell lymphoma gives the company orphan designation in both diseases it is developing the drug to treat, with the other being Waldenstrom's. The firm reiterate its Overweight rating and $7 price target on Idera shares.
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