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ID Biomedical at strong buy by JMP
ID Biomedical Corp. was rated a strong buy with a C$31.00 price target by JMP Securities analyst Adam Cutler, who noted the company's Fluviral has about a 75% market share in Canada and will likely be approved in the first half of 2006. ID Biomedical shares closed Friday up C$2.45, or 10.32%, at C$26.20 on volume of 150,501 shares versus a three-month trailing average of 46,952 shares.
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