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Neurocrine kept at sell by Merrill
Merrill Lynch analyst Eric Ende maintained Neurocrine Bioscience Inc. at its downgraded sell rating following the Food and Drug Administration's request for additional Indiplon studies and the resulting stock sell off. It is possible that Pfizer may give Indiplon back to Neurocrine, reducing the drug's market opportunity. Shares of the San Diego-based pharmaceutical company were down $1.06, or 6.98%, at $14.12 on volume of 7,023,714 shares versus the three-month running average of 2,354,450 shares. (Nasdaq: NBIX)
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