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JMP reiterates Oscient at market outperform
Oscient Pharmaceuticals Corp. was reiterated by JMP Securities at a market outperform rating and $3 price target. Weekly Factive prescriptions were 5,555, or 0.85% of the quinolone class of antibiotics. This compares to 5,260 prescriptions in the previous week. Testim prescriptions for the week ended Nov. 11 were 4,898 shares compared with 5,181 shares for the week ended Nov. 4. Shares of the Waltham, Mass., biopharmaceutical company were down 3 cents, or 1.43%, at $2.07 on volume of 603,619 shares versus the three-month running average of 698,200 shares.
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