Pozen rated at outperform by RBC

RBC Capital Markets analyst Ken Trbovich rated Pozen, Inc. at outperform, speculative risk. The company reported revenue of $887,000, missing RBC's $2.2 million estimate due to the extended amortization period of the upfront Trexima payment until the second-quarter 2007. Pozen raised its 2006 guidance to $12 million to $14 million in recurring revenue from $6 million to $10 million. Shares of the Chapel Hill, N.C.-based development-stage company were down 14 cents, or 1.34%, at $10.31 on volume of 1,355,795 shares versus the three-month running average of 1,690,940 shares. (Nasdaq: POZN)

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