Tuesday, November 8, 2011

Stock Alert - Targacept (TRGT) - TRGT -50.3% , AstraZeneca (AZN)- -3.3%.

Targacept (TRGT) and AstraZeneca (AZN) announce their experimental depression pill failed to show any improvement for patients in a clinical trial. The firms are studying TC-5214 as a potential additional therapy for patients no longer responding to other antidepressants. Premarket: TRGT -50.3%, AZN -3.3%.

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