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Allelix Regains Osteoporosis Drug ALX1-11, Casualty Of Astra-Merck Breakup

Executive Summary

Allelix Biopharmaceuticals has reacquired full rights to its Phase II osteoporosis drug ALX1-11 (recombinant human parathyroid hormone) from Astra AB after development of the compound stalled at Astra for over a year.

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