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Oscient reiterated by JMP
Oscient Pharmaceuticals Corp. was reiterated by JMP Securities analyst Adam Cutler at a market outperform rating on news that Factive total prescriptions for the week ended Jan. 13 were 6,944 (6,705 of which were new prescriptions), representing 0.93% of weekly prescriptions for the quinolone class of antibiotics, compared to 7,186 total prescriptions (6,965 of which were new) in the previous week. Total Testim scripts for the week ended Jan. 13 were 4,852, compared with 4,707 for the previous week. Shares of the Waltham, Mass., pharmaceutical company were down 24 cents, or 10.62%, at $2.02 on volume of 1,866,813 shares versus the three-month running average of 506,830 shares. (Nasdaq: OSCI)
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