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Alkermes at buy by Merrill
Merrill Lynch analyst Hari Sambasivam rated Alkermes Inc. at s buy after the company's marketing partner, Cephalon, recorded no Vivitrol sales in its second quarter since it was only on the market for part of June. IMS, however, did report sales of $1.2 million for June, according to the analyst. More details on the Vivitrol launch are expected during Alkermes' earnings call in the Aug. 7 week. Shares of the Cambridge, Mass.-based pharmaceutical company were down 32 cents, or 1.85%, at $17.00 on volume of 881,837 shares versus the three-month running average of 1.119,710 shares. (Nasdaq: ALKS)
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