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Short AMAG Pharmaceuticals After Poor Acquisition

2015-01-10 18:21:57| Biotech - Topix.net

AMAG Pharmaceuticals , formerly known as Advanced Magnetics, was a high-flying biotech stock in the mid-2000s, with a peak share price of $71.45 in late 2006. The company had elicited widespread investor interest in its novel IV iron product , with the strategy of achieving a very broad-label indication for iron-deficient anemia by running a very comprehensive series of clinical trials involving nearly 2,000 patients.

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Category:Biotechnology and Pharmaceuticals

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