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Published on 4/5/2006 in the Prospect News Biotech Daily.

Jefferies puts SkyePharma at buy

SkyePharma plc was rated at buy by Jefferies & Co., Inc. analyst Robin Campbell on full-year 2005 results. The analyst sees the share price remaining tied to the company's ability to deliver on its new strategy. A focus on disposals and delivering products could hold the key. Shares of the London pharmaceutical company were up 7 cents, or 1.04%, at $6.80 on volume of 12,333 shares versus the three-month running average of 24,950 shares. (NYSE: SKYE)


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