Large VIVUS, Inc. (VVUS) Holder Gets Bullish, Takes Stake Back Above 5% Level

August 17, 2012 10:53 AM EDT Send to a Friend
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In a 13G filing on VIVUS, Inc. (Nasdaq: VVUS), hedge fund Meditor Group Ltd disclosed a 5.06%, or 5,081,600 share, stake in the company.

This is up 10.19% from the 4,611,600 shares held with its last amended filing on July 23rd.

Of note, Meditor held 4,013,100 shares of VIVUS for the quarter ended June 30th, 2012, which was down from 4,593,100 shares held on April 27, 2012.

From the end of June, Meditor moved its position to 5,803,600 on July 17th, the same day VIVUS' weight-loss drug Qsymia received FDA approval. The new stake might indicate that Meditor is becoming bullish on post-marketing studies for the drug.

For more notable holders of Vivus, Inc. stock click here.


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