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Arena Pharmaceuticals Inc announced it has entered into a co-development and license agreement with Ildong Pharmaceutical Co. Ltd. for temanogrel, Arena’s internally discovered inverse agonist of the serotonin 2A receptor, and BillMyParents Inc. announced it has entered into a strategic partnership with Justin Bieber, who will act as a brand ambassador for a new teen prepaid debit card, according to company announcements, SEC filings and Bloomberg News.

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