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Cash-pretty Australian Biotech Biota Returns $20 Million To Shareholders

This article was originally published in PharmAsia News

Executive Summary

PERTH, Australia - Just days after unveiling positive results from Phase III trials on its second-generation flu treatment laninamivir, co-developed with Daiichi Sankyo, Aussie Biotech Biota announced Aug. 13 that it would issue AU$20 million to its shareholders

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