DALLAS, May 4, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring VIVUS Inc. (Nasdaq:VVUS). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/VVUS
VIVUS Inc. (VVUS) is a biopharmaceutical company developing innovative, next-generation therapies to address unmet needs in obesity, diabetes, obstructive sleep apnea and sexual health. Its lead product in clinical development, QNEXA, completed phase III clinical trials for the treatment of obesity currently being considered for approval by U.S. and EU regulators. QNEXA is also in phase II clinical trials for type II diabetes and obstructive sleep apnea. VVUS is also developing an erectile dysfunction drug, Avanafil, that is in phase III clinical trials.
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In the report, the analyst notes:
"For the first quarter ended March 31, 2011, VVUS reported a net loss of $9.9 million or $0.12 per share as compared to a net loss of $18.8 million or $0.23 per share for the first quarter of 2010. On average, analysts polled by Thomson Reuters expected a loss of $0.15 per share."
"VVUS intends to resubmit an application for regulatory approval of its long-delayed weight-loss drug QNEXA in the fourth quarter. The Company's resubmission of QNEXA to the U.S. FDA would have a limited indication to include only men and women of non-child bearing potential."
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