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Orexigen (OREX), Arena (ARNA) Stronger into Qnexa PDUFA

July 16, 2012 9:38 AM EDT
Orexigen Therapeutics (Nasdaq: OREX) is up again in early trading Monday. Shares have been volatile heading into the PDUFA date for peer VIVUS' (Nasdaq: VVUS) Qnexa obesity drug.

Volatility today is up 4.3 percent from last Friday's close.

Shares are 3.7 percent better at the start.

VIVUS PDUFA date is set for tomorrow, July 17th.

Both VIVUS and Arena Pharma (Nasdaq: ARNA) are also higher on the session so far.


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