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Fly News Breaks for May 15, 2015
SRNE
May 15, 2015 | 12:26 EDT
H.C. Wainwright views NantWorks' acquisition of Sorrento's Cynviloq as "huge validation" of the drug's potential. The firm notes NantWorks is owned by Dr. Patrick Soon-Shiong, who previously launched Abraxane. The firm reiterates a Buy rating on Sorrento with a $20 price target.
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