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joboggi

07/05/13 4:50 PM

#78616 RE: Skeetz99 #78601

Orphan drug status allows the company to write off ALL development expenses against profits. That is a big deal for the company tax wise. These drugs can make a lot of profit, if you can wipe out the taxes that is a big deal.

I have not seen a real speed increase, although it is increased somewhat, when there is a clear reason.

In other news, it was a nice up day for the market, but not AMBS.