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PharmAthene investors breathe easier after FDA lifts SparVax hold

This article was originally published in Scrip

Executive Summary

Shares of biodefense company PharmAthene soared 16% in morning trading on 30 May on word the US FDA has lifted its clinical hold on the Annapolis, Maryland-based biotech's proposed Phase II study of its next-generation recombinant protective antigen (rPA) anthrax vaccine SparVax.

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