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Pharmaxis shares soar on German deal

2015-05-18 10:30:20| Biotech - Topix.net

Biotech Pharmaxis has sold an anti-inflammatory drug it was developing to Germany's Boehringer Ingelheim in a deal worth up to $750 million. The news pushed Pharmaxis shares to a two year high, gaining 8.5 cents, or 51.5 per cent, to 25 cents.

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Category:Biotechnology and Pharmaceuticals

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