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Acambis retained by Merrill Lynch at neutral
Acambis was retained by Merrill Lynch analysts Peter Welford and Erica Whittaker at a neutral rating as the market potential and strategy for the company's vaccines remain uncertain. A recent research-and-development day highlighted significant future opportunities for ChimeriVax-JE, ChimeriVax-West Nile and the CDAD toxoid vaccines, but the path to market and sales forecasts are challenging to project at this time. Shares of the Cambridge, England, vaccines company were down £0.5635, or 7.14%, at £7.3265 on volume of 31,173 shares versus the three-month running average of 21,439.4 shares.
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