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Pulmatrix to initiate Phase Ib/IIa trial of flu drug

Pulmatrix has reported that it will initiate a randomized, double-blind, placebo-controlled Phase Ib/IIa clinical trial of its novel inhaled therapy, PUR003, to demonstrate its effectiveness, safety and tolerability

Cephalon Q1 net income up

The company has reported total revenues of $519.97 million for the first quarter of 2009 compared to $443.22 million for the first quarter of 2008. Frank Baldino Jr,