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Vernalis at buy by Merrill
Vernalis plc was rated at a buy by Merrill Lynch analyst Robin Campbell on news that the company missed on Apokyn guidance in the first half of 2006. Pipeline events over the next six to 12 months and a potential Frova approval are key to keeping the share price on the up, according to the analyst. Shares of the Cambridge, England-based pharmaceutical company were unchanged at 66p. (London: VER)
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