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Last updated on May 29, 2012 at 17:24 EDT

Evolutec to Drop Allergy Product ; Business News IN BRIEF

January 4, 2007
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Shares in the biopharma-ceutical firm Evolutec fell 14 per cent after it said it will stop investing in rEV131, a treatment for allergic, inflammatory and auto-immune disease, after it found no significant differences between the product and a placebo. Its shares fell 2.5p to 15.5p.

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