iBankCoin
Joined Nov 11, 2007
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$ANTH DOWN ROUGHLY 50% AFTER FAILED STUDY

BOSTON (MarketWatch) — Anthera Pharmaceuticals ANTH -47.51% shares plunged nearly 50% to $3.67 on Monday during the first trading session after it announced it was halting a key Phase III study. Late Friday, Anthera said it stopping a Phase III clinical trial for its heart-drug candidate varespladib over concerns that it was ineffective.

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