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PowderJect sees shares slump after losses almost double

This article was originally published in Clinica

Executive Summary

PowderJect, a UK needleless drug delivery company that has suffered a number of delays to its R&D programme for powder-delivered drugs and other molecules, announced that its losses had nearly doubled in the year to March 31. Its share price fell 13.5% to £3.80 ($6) on the news.

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