Orexigen (OREX) Higher Early Following VIVUS (VVUS) Qsymia Approval; Arena (ARNA) Lower

July 18, 2012 7:26 AM EDT
Orexigen (Nasdaq: OREX) is popping higher early Wednesday following late-Tuesday approval of VIVUS (Nasdaq: VVUS) weight-management drug Qsymia.

Shares are up over 6.5 percent while VIVUS recently resumed trading and is indicated higher ahead of the bell.

Arena Pharma (Nasdaq: ARNA), which received FDA approval for its Belviq in June, is also lower ahead of the session.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

FDA, Momentum Movers, Trader Talk