Other Equities To Look At
Arena Pharmaceuticals – ARNA
Vivus – VVUS
These two companies both make anti-obestity drugs. Arena makes a drug called Belviq and it was the first drug in 13 years for anti-obesity that gained FDA approval. This approval happened in June of this year. The drug is currently awaiting DEA scheduling and will be available to the market sometime in Q4 of 2012 or Q1 of 2013. Vivus makes a drug called Qsymia. It gained FDA approval a few weeks after Belviq, but did not have to go through the DEA process. It went onto the market about 1 month ago. A third company, Orexigen (OREX) has a potential drug that is likely two years away from the market. I am long Arena and bought at $7.32. I have no position in VVUS or Orexigen. I have written about these on Seeking Alpha:
- A Simple Look At Arena and Vivus
- Can Stendra Keep Vivus Moving Ahead
- Arena Buyout Rumors Overblown
- The Potential Market For Arena’s Belviq
- Should Arena Hold Off On Marketing And Supply Agreements
- Arena Is Poised To Move
- The Next Catalyst For Arena
- Seeking An Entry Point On Vivus
- Arena Price Target Sets Low Bar
- Arena Takedown…Is It Fair
- Vivus Gets Weight Loss Product To Market
- Vivus Down On Worries Europe Will Reject Drug
- With Arena Patience Is A Virtue
- Is Vivus Takedown An Opportunity
- Arena Is A Traders Dream Lately
- Some Good News For Vivus And Arena Regarding Insurance
- Has Vivus Bottomed Out
- Vivus Lands Deal With Express Scripts
- Setting Expectations For Arena
- Can Orexigen Benefit From Possible Changes In FDA Approval
These equities may or may not be for you, but I figured I would share them.