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Published on 2/17/2006 in the Prospect News Biotech Daily.

Merrill maintains NPS at buy

NPS Pharmaceuticals Inc. was maintained by Merrill Lynch analyst Eric Ende at a buy rating on the company's uneventful fourth-quarter earnings report. Upcoming catalysts include the March 10 PDUFA for Preos and data from the phase 2 trial of teduglutide for Crohn's disease, expected in late February. Shares of the Salt Lake City pharmaceutical company were down 2 cents, or 0.14%, at $13.92 on volume of 549,601 shares versus the three-month running average of 549,416 shares. (Nasdaq: NPSP)


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