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Fly News Breaks for April 16, 2015
RCPT
Apr 16, 2015 | 09:30 EDT
Leerink says Receptos announced "surprisingly positive results" from the maintenance portion of the Phase II TOUCHSTONE study in Ulcerative Colitis. It believes the development supports the company's claim that ozanimod is poised to be a best in class therapy for Ulcerative Colitis and potentially Crohn's Disease. The firm reiterates an Outperform rating on the stock.
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