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Broken-field runner

Why Receptos may have room to run after $500M run-up on Phase II MS data

Receptos Inc. (NASDAQ:RCPT) already has added more than $500 million in market cap on its Phase II MS data, but a look at how the market previously rewarded Biogen Idec Inc. (NASDAQ:BIIB) for Phase III data for a competing MS drug suggest Receptos could have even more room to

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