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Rating:Lynch Bet on Defeating Aging Pays Early Not Rated 4.0 Email Routing List Email & Route  Print Print
Thursday, May 24, 2007

Lynch Bet on Defeating Aging Pays Early

by: Sean Hanna, Editor in Chief

Peter Lynch saw a bet payoff yesterday when Sirtris Pharmaceuticals completed its IPO with a nine percent gain. Sirtris [NASDAQ: SIRT] had disclosed that "entities associated" with Lynch invested in preferred shares earlier this year. The size of the famed Fidelity fund manager's stake has not been disclosed by Sirtris. The drug maker is focused on developing treatments for diseases associated with aging. 

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