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VIVUS Reports First Quarter 2018 Financial Results
May. 09, 2018 09:23AM PST
Pharmaceutical InvestingVIVUS (NASDAQ:VVUS) a specialty pharmaceutical company committed to the development and commercialization of innovative therapies focusing on treatments for patients with serious unmet medical needs, today reported financial results for the quarter ended March 31, 2018 and provided a business update. As quoted in the press release: “The acquisition of PANCREAZE®, a cash flow-positive asset, and the …
VIVUS (NASDAQ:VVUS) a specialty pharmaceutical company committed to the development and commercialization of innovative therapies focusing on treatments for patients with serious unmet medical needs, today reported financial results for the quarter ended March 31, 2018 and provided a business update.
As quoted in the press release:
“The acquisition of PANCREAZE®, a cash flow-positive asset, and the restructuring of a portion of our corporate debt are significant steps toward our goal of positioning VIVUS as a robust generator of value for stockholders and patients,” said John Amos, VIVUS’ new Chief Executive Officer. “Our new management team is energized and actively engaged in seeking additional product acquisitions that will leverage our commercialization expertise and strengthen our balance sheet. I am confident that we have the strategy, resources and employee talent to make VIVUS a leader in the specialty pharmaceutical market.”
