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Celtic Pharma completes Xerecept buy

At closing, Neurobiological Technologies Inc (NTI) received $20 million and will receive an additional $13 million, payable in installments through January 2007. Celtic Pharma and NTI will collaborate

Alza resubmits NDA for Ionsys

Alza originally submitted the application for licensure of Ionsys to the FDA in September 2003, but received an approvable letter from the FDA in mid-2004 informing the company