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Genmab kept at neutral by Merrill
Merrill Lynch analyst Erica Whittaker rated Genmab at neutral on the company's lower-than-expected third-quarter loss. Genmab's revenues were 31% higher than the analyst's expectations. The company retained its guidance for 2006 of a Dkr 490 to Dkr 530 million operating loss and net loss in the range of Dkr 440 to Dkr 480 million. Shares of the Copenhagen biotechnology company were up Dkr 3.00, or 1.15%, at Dkr 264.00. (Copenhagen: GEN)
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