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Published on 10/13/2006 in the Prospect News Biotech Daily.

Jefferies puts Endo on hold

Endo Pharmaceuticals Holdings Inc. was given a hold rating by Jefferies & Co., Inc. analyst David Windley. The acquisition of RxKinetix gives Endo a phase 2 compound for treating oral mucositis, a side effect of radiation therapy in cancer patients. The transaction is 2 cents dilutive to 2006 earnings per share, according to the analyst. Shares of the Chadds Ford, Pa.-based pharmaceutical company were up 74 cents, or 2.21%, at $34.23. (Nasdaq: ENDP)


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