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Zealand Pharma posts smaller-than-expected Q1 loss as obesity drugs advance

May 7 (Reuters) - Danish drug developer Zealand Pharma ZELA.CO reported a smaller-than-expected first-quarter operating loss on Thursday, boosted by strong momentum in its obesity drug pipeline, and said it would launch a share buyback of up to $200 million.

 (Reporting by Jesus Calero and Vera Dvorakova)

 ((jesus.calero@thomsonreuters.com))

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