Tuesday, June 17, 2008

Mixed Results for Experimental Alzheimer’s Antibody

The highly anticipated results of an experimental Alzheimer’s treatment from Wyeth and Elan look OK, but not great. Yet even mediocre results were enough to boost shares of the companies. In afternoon trading, Elan shares were up $1.70, or 6%, to $28.81, and Wyeth shares rose $1.97, or 5%, to $45.05. The treatment, an antibody [...]

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