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Published on 8/8/2006 in the Prospect News Biotech Daily.

Jefferies keeps SFBC at buy

SFBC International Inc. was maintained by Jefferies & Co., Inc. analyst David Windley at a buy. The analyst is optimistic about the company into 2007 with its book-to-bill of 1.56 and 9% sequential backlog growth for PharmaNet. SFBC reported total revenue of $72.8 million, slightly lower than Jefferies' published $74 million. Shares of the Princeton, N.J.-based drug development services company were down 53 cents, or 3.11%, at $16.51, on volume of 358,732 shares versus the three-month running average of 509,159 shares. (Nasdaq: SFCC)


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