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Inverness acquires BBI Holdings

The final purchase price consisted of $123.2 million cash and approximately 251,300 shares of Inverness common stock. In addition, existing options to purchase BBI stock have been assumed

Inspire starts Phase II cystic fibrosis trial

The trial is a 24-week, double-blind, placebo-controlled, randomized study comparing 60mg of denufosol inhaled three times daily to placebo in approximately 350 cystic fibrosis (CF) patients with FEV1