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Fly News Breaks for January 25, 2016
OMED
Jan 25, 2016 | 11:07 EDT
Leerink analyst Paul Matteis downgraded OncoMed to Market Perform from Outperform and cut his price target for the shares to $11 from $27 after the company said its Phase II study of Tarextumab in Pancreatic Cancer showed futility on an interim analysis.
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