Arena (ARNA) Will Need Lower Co-Payments, Broader Coverage for Belviq Success (VVUS)

February 25, 2013 1:15 PM EST
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Arena Pharmaceutical (Nasdaq: ARNA) is positive on the session following earlier disclosure of the price for a 60-day supply of Belviq 10-mg tablets. The cost of $199.50 compares with VIVUS' (Nasdaq: VVUS) Qsymia, which retails for $160 per month at a medium dose and $220 per month for the higher dose.

Bloomberg Industries' Andrew Berens says the success of Belviq will largely depend on lower co-payments and broader insurance coverage.

One Leerink Analysts commented late last week that broad reimbursement may come to pass over the next two years, as treating obesity was seen as a better option by many versus treating co-morbidities. Competition might arise in identifying "correct patients" versus which therapy is better.

Arena is up 1.3 percent while VIVUS is 0.6 percent better on the session.

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