FTSE in positive territory

Pharmaceuticals firm Shire injected enthusiasm into London shares today as investors welcomed news it had settled a patent dispute.

FTSE in positive territory
Fri, 20 Jan, 2006 - 11:36

Pharmaceuticals firm Shire injected enthusiasm into London shares today as investors welcomed news it had settled a patent dispute.

Shire’s market value lifted 7% after it revealed US group Impax would be allowed to make generic versions of Adderall XR by 2010 and would pay Shire a royalty from the sales.

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