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Published on 7/17/2009 in the Prospect News Special Situations Daily.

BioDelivery Sciences investor Elliott Associates trims stake to 12.3%

By Susanna Moon

Chicago, July 17 - Elliott Associates, LP sold 210,063 shares of BioDelivery Sciences International, Inc. between July 7 and July 16 at prices from $6.00 to $7.17 each, according to a schedule 13D/A filed on Monday with the Securities and Exchange Commission.

The investors beneficially own 2,665,350 shares or 12.3% of the Morrisville, N.C.-based pharmaceutical company.


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