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Rigel Pharmaceuticals (RIGL -9.5%) drops after a hard miss on its Q4 EPS. Operating expenses...

Rigel Pharmaceuticals (RIGL -9.5%) drops after a hard miss on its Q4 EPS. Operating expenses soared 25% Y/Y, primarily due to the increase in R&D expenses related to R343, its inhaled inhibitor program for asthma, and R333, its topical inhibitor program for lupus.
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