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Amylin maintained by Merrill Lynch at neutral
Amylin Pharmaceuticals Inc. was maintained by Merrill Lynch analyst Thomas McGahren at neutral. Merrill noted that the company's sales of its diabetes drug Byetta are on track but it is still early in the launch. San Diego-based Amylin develops drug candidates for the treatment of diabetes, obesity, and cardiovascular disease. The company has collaboration agreements with Eli Lilly & Co. and Alkermes Inc. Amylin shares Monday added 11 cents, or 0.51%, to $21.89 on volume of 2.63 million shares versus the three-month running average of 3.69 million.
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