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Merrill reiterates New River at buy
New River Pharmaceuticals Inc. was reiterated by Merrill Lynch analyst David Munno at a buy on news that the company's New Drug Applications for NRP104 for attention deficit hyperactivity disorder was accepted for filing with standard review. Merrill looks for the product to lunch by the end of the year. Shares of the Radford, Va., pharmaceutical company were up 60 cents, or 1.83%, at $33.40 on volume of 167,051 shares versus the three-month running average of 255,179 shares. (Nasdaq: NRPH)
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