Monday, July 16, 2007

PreMD shares soar on AstraZeneca deal

(Reuters) - TORONTO, July 16 - Shares of PreMD jumped more than 50 percent on Monday after the small Canadian biotechnology company signed a U.S. marketing deal with AstraZeneca Pharmaceuticals LP for its skin cholesterol test.



PreMD shares were up 60 Canadian cents, or 52.2 percent, at C$1.75 at midmorning on the Toronto Stock Exchange.


Read more at Reuters.com Hot Stocks News

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