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Biotech / Medical : biotech firesales

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From: Ian@SI	9/27/2012 7:21:45 PM
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So much for yesterday's gain... Peregrine Pharma (PPHM 1.11, -0.55) fell 33.1% after disclosing it received a written notice of default from one of its lenders due to the recent discovery of a major discrepancy in treatment group coding for one of its clinical trials. Peregrine complied with the request and issued full payment on September 25, 2012.

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