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Wedbush Morgan Reiterates a 'Buy' on Biodel (BIOD)

March 18, 2009 11:34 AM EDT
BIOD Hot Sheet
Rating Summary:
    3 Buy, 5 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Wedbush Morgan reiterates a 'Buy' on Biodel (Nasdaq: BIOD). Price target $10.

Wedbush analyst says, "Management guided to announcing VIAject regulatory announcement in March. We believe a transforming VIAject partnership announcement could follow in 2009. We anticipate other catalysts in 2009."

Biodel Inc. (Biodel) is a development-stage specialty pharmaceutical company located in Danbury, Connecticut.

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