Bioscience

4 execs at Medicis sell shares worth $12 million

August 19, 2010

By Flinn Foundation

[Source: The Arizona Republic] – One week after Medicis Pharmaceutical Corp. reported strong quarterly profit and sales, four top executives sold shares worth more than $12 million.

Chief Executive Officer Jonah Shacknai sold 400,000 shares in transactions reported last Thursday and Friday for a total of $10.6 million, according to Securities and Exchange Commission filings.

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