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Puma jumps after FDA approval of breast-cancer treatment

Puma Biotechnology Inc. PBYI, -3.85% jumped as much as 11.5% in late trading Monday after the company announced that the Food and Drug Administration had approved a breast-cancer treatment for medical use. The medicine, which will be marketed as Nerlynx and is expected to hit the market in September, is used after traditional treatment to avoid recurrence of HER2 breast...


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