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Actionable news in RDUS: RADIUS HEALTH Inc,

Radius Health, Subject of Takeover Talk, Rises Again

Shares of Radius Health (RDUS) rose on Tuesday, its fourth gain in the last six trading sessions, amid speculation the drug developer is once again a takeover target in the active biotechnology sector.

The stock gained 1.17, or about 2.2%, to $53.54 in over-the-counter trading yesterday. The stock has gained $6.53 since Aug. 1, up about 14%, and up about 38% since mid-July. The stock moves have been fueled more by prospects of the company getting bought than by its actual finances: the company hasn't posted any positive net income since at least 2010.

Still, in the biotechnology universe, a drug maker's product portfolio is often regarded as more important than the fundamentals, and companies with what could be market-leading solutions are prized.

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