Shire shares fall

Thursday 06 August 1998 19:02 EDT

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SHARES IN Shire Pharmaceuticals crashed 25 per cent yesterday after the drug maker said that a fire at one of its US suppliers would cost it $21m (pounds 13m), equal to two months trading.

The stock closed down 100p at 293.5p, after falling 18 per cent on Wednesday when the company first told the market about the fire at New Jersey-based Arenol Inc.

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