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NeoPharm maintained at buy by Merrill
NeoPharm, Inc. was maintained by Merrill Lynch analyst David Munno at a buy on the company's uneventful fourth-quarter earnings. Guidance for 2006 was a net loss of $39 million to $41 million, or a loss of $1.40 to $1.48 per share. The next event for the company is likely the interim analysis at 160 deaths for the Precise trial, expected in June or July. Shares of the Lake Forest, Ill., pharmaceutical company were up 33 cents, or 3.26%, at $10.45 on volume of 431,072 shares versus the three-month running average of 844,983 shares. (Nasdaq: NEOL)
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