Amgen's favorable patent ruling against the company likely accounted for the decline. There are an estimated 4.5 million people with diabetes who use insulin in the United States. In addition, ArQule also announced today an extension of their 1995 agreement with Solvay Pharmaceuticals. This would be the first time Atrix has sought to license a newly discovered compound to develop for its own product portfolio. Such Information is neither an offer to sell nor a solicitation to buy the securities of any company.
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