Santarus EPS estimates revised by Thomas Weisel

Santarus Inc. was reiterated by Thomas Weisel Partners analyst Donald Ellis at an overweight rating with a price target on the stock of $17 per share following its $31.2 million PIPEs transaction. EPS estimates also were revised to a loss of $1.92 from a loss of $1.75 for 2005. Santarus shares Tuesday were up $0.11, or 2.18%, at $5.15 on volume of 238,786 shares versus the three-month running average of 247,228 shares.

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