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Fly News Breaks for January 13, 2016
RHHBY, SHPG
Jan 13, 2016 | 08:08 EDT
Bernstein believes that Roche's (RHHBY) new hemphilia drug, ACE910, poses some risk to Baxalta's hemopihlia treatments. However, the firm thinks that the risk taken by Shire with its acquisition of Baxalta is "more than fairly factored" into its stock price. The firm recommends buying Shire at current levels.