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They have temporarily halted development and offered 50% more compensation.
In 2010, Lilly halted development of a different compound, semagacestat.
By Sept. 4, the company halted development and the product was never sold.
Shares of ImmunoGen Inc. fell 46percentt yesterday after its partner, GlaxoSmithKline, halted development of their experimental cancer drug.
But another drug maker, Sepracor, fell after it said that it had halted development of its allergy drug Soltara.
This halted development whenever it was added to embryos up to the stage when they were only four cells big.
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Halting development to perform health studies would simply send nanotechnology development offshore, they said.
The board placed a moratorium on new water meters, effectively halting development.
It was never intended to be used by the state as a hammer to halt development.
Now, assertions have been replaced with uncertainty: The designation might halt development, but it might not.
AstraZeneca, which sponsored the clinical trial, said yesterday that it would halt development of the product, called NXY-059.
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