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Anadys reiterated at strong buy by JMP
JMP Securities analyst Michelle Lange reiterated Anadys Pharmaceuticals, Inc. at strong buy. The company has a partnership with Novartis for ANA975 for hepatitis C and is also licensing Human Genome Sciences' Albuferon. JMP sees Anadys as an exciting investment opportunity in small-cap biotechnology. Shares of the San Diego, Calif.-based biopharmaceutical company were down $0.58, or 5.74%, at $9.52 on volume of 644,463 shares versus the three-month running average of 294,720 shares. (Nasdaq: ANDS)
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