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Why Alexion's Stock Is Trading Higher Today

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Alexion Pharmaceuticals (NASDAQ: ALXN) shares are trading higher on Tuesday, on a report that Elliott Advisors sent a letter to the company seeking an immediate expiration of sales.

Alexion Pharmaceuticals specializes in developing and marketing drugs for rare, life-threatening medical conditions. The company is known for its development of Soliris, a drug used to treat the rare disorders atypical hemolytic uremic syndrome and paroxysmal nocturnal hemoglobinuria.

Alexion Pharmaceuticals shares traded up 2.9% at $104.28 at time of publication. The stock has a 52-week high of $134.84 and a 52-week low of $72.67.

Related Links:

Alexion To Acquire Achillion Pharma For $930M

Alexion Confirms FDA Approval For Soliris

 

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