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Biotech / Medical : biotech firesales

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From: DewDiligence_on_SI	12/8/2005 2:38:18 AM
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QLTI cuts Visudyne forecast and lays off half of workforce. (I’m taking the liberty of assuming the stock will be hit hard today.) investorshub.com It could have been worse: the worst case for QLTI would have been NVS’ cutting loose from Visudyne marketing, which is what NVS may yet do when Lucentis is approved outside North America (where NVS owns the commercial rights).

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