Redeye: AroCell Q3 - Cost synergies more apparent, continued sales growth -
Redeye continues to be positively surprised by the cost improvements by AroCell and believes the IDL Biotech's cost synergies to be in full effect. Sales came in higher than our expectations and OPEX lower than our estimates. We reiterate our fair value range.
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This is a press release from Redeye - Research Powered Investment Banking.