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Bear Stearns Takes 5.2% Stake in Biopsys Medical

(Dow Jones)

Bear Stearns Cos. has taken a 5.2% stake in Biopsys Medical Inc., Irvine-based developer of devices to diagnose breast cancer, according to documents filed with the Securities and Exchange Commission.

Bear Stearns said it bought the stock in “the ordinary course of business as a broker/dealer” and has no extraordinary plans for Biopsys. Bear Stearns owns 510,615 shares of Biopsys stock.

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