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Cortex Stock Purchase: Morton Davis, chairman and...

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<i> From Times Staff and Wire Reports</i>

Cortex Stock Purchase: Morton Davis, chairman and sole stockholder of D.H. Blair & Co. Inc., a New York investment banker, has slightly increased his ownership stake in Irvine-based Cortex Pharmaceuticals Inc. to 16.1%, or 3.83 million common shares, according to a Security and Exchange Commission filing. The stock purchase was in connection with Blair’s role as a market maker for Cortex, which went public in July of 1989.

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