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Fly News Breaks for April 29, 2015
PRGO, IG
Apr 29, 2015 | 07:38 EDT
Oppenheimer downgraded IGI Laboratories (IG) to Perform citing uncertainty into sales after the company announced the loss of a large customer in the econazole nitrate market. Opco notes the market consists of three main competitors, one of whom recently significantly cut price in an effort to grab share. It believes that competitor is Perrigo (PRGO).
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