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Kala Pharma Rally Continues

Kala Pharmaceuticals, Inc. (KALA) shares are up more than 34 percent on Friday morning trade, continuing a rally since December 27 after the company's INDA for KPI-012 for the treatment of persistent corneal epithelial defect or PCED. There have been no other corporate announcements today to influence the stock movement.

The shares are currently at $31.00, up 23.79 percent from the previous close of $24.84 on a volume of 3,494,754.

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