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Reuters scoops on Polish biotech; shares plummet

Reuters scoops on Polish biotech; shares plummet

Shares in Polish insulin producer Bioton plunged as much as 24 percent to an all-time low on Jan. 16 after Reuters reported that a deal to sell a third of the company to a rival drug maker collapsed and its chief executive would lose the top spot. Bloomberg and local media cited the Reuters report, and the company confirmed the news an hour later.

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