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VVUS

VIVUS

$1.14

0.01 (0.88%)

08:32
10/03/16
10/03
08:32
10/03/16
08:32

VIVUS, Metuchen Pharmaceuticals announces license agreement

VIVUS and Metuchen Pharmaceuticals announced an agreement providing Metuchen a fully-paid, perpetual license for exclusive rights to commercialize STENDRA in the U.S., Canada, South America and India. The parties simultaneously signed a commercial supply agreement pursuant to which VIVUS will be responsible for the manufacture and supply of STENDRA to Metuchen for a mutually agreed term. For a period of 180 days, Metuchen has the option to assume the manufacturing and supply rights of STENDRA for its territories. Under the license agreement, VIVUS received $70M. Additionally, Metuchen will be responsible for royalties due to Mitsubishi Tanabe Pharma Corporation based on net sales.

VVUS VIVUS
$1.14

0.01 (0.88%)

02/29/16
RBCM
02/29/16
DOWNGRADE
RBCM
Sector Perform
VIVUS downgraded to Sector Perform from Outperform at RBC Capital
02/29/16
RBCM
02/29/16
DOWNGRADE
RBCM
Sector Perform
VIVUS downgraded on obesity market outlook at RBC Capital
As noted earlier, RBC Capital downgraded VIVUS to Sector Perform from Outperform. The firm says that it expects the company's obesity drug, Qsymia, to have difficulty gaining market share because of the lack of enthusiasm for anti-obesity drugs among doctors and payers in the U.S. Target to $1 from $4.
05/04/16
WBTH
05/04/16
DOWNGRADE
WBTH
Hold
VIVUS downgraded to Hold from Buy at WallachBeth
07/25/16
WBTH
07/25/16
NO CHANGE
Target $2.8
WBTH
Buy
Markman ruling positive for VIVUS, says WallachBeth
WallachBeth analyst Caroline Palomeque views last week's Markman ruling as a positive development for Vivus. The District Court of New Jersey's ruling to adopt the company's claim constructions on its 10 Qsymia patents may bode well for the overall patent infringement case, Palomeque tells investors in a research note. Qsymia has its last patent expiry in 2029, the analyst points out. She keeps a Buy rating on VIVUS with a $2.80 price target.

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SIRI

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AIT

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RTN

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PSTB

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AIT

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AIT

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BMY

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ANTM

Anthem

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I

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UA

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UA

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$18.14

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LLL

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JCI

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