StockEgg Featured Company: Vivus Inc. (VVUS) Finds Late Stage Drug Approvals and Agreements with Deerfield Management
Developing a new drug is much like climbing a mountain; reaching the top is only half the battle. Once the top has been reached, the climber needs to get down again. In the pharmaceutical world, finding the drug and getting through approvals is only half the battle. The investment capital put into the process needs to be taken back out. If a company can find a partner willing to buy/license/market its drug, then the journey will be completed and profit found. VIVUS Inc., a pharmaceutical development and commercialization company, works to address sexual, diabetic and obesity issues. The company’s product…