CARDIOME PHARMA (CRME) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of CARDIOME PHARMA (CRME) from NEUTRAL to UNDERPERFORM on May 21, 2012, with a target price of $0.40.

Cardiome Pharma Corp. is a product-focused cardiovascular drug development company with two clinical drug programs focused on atrial arrhythmia (intravenous and oral dosing), and a pre-clinical program directed at improving cardiovascular function.

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