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Idera's one-for-eight reverse stock split effective June 29
By Lisa Kerner
Charlotte, N.C., June 29 - Idera Pharmaceuticals, Inc. said its previously announced one-for-eight reverse stock split became effective at the close of business June 29.
Beginning June 30, Idera's common shares will trade on a reverse split-adjusted basis, under the unchanged stock symbol IDP.
Located in Cambridge, Mass., Idera is a drug discovery and development company specializing in treatments for cancer, infectious and respiratory, and autoimmune diseases.
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