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Leerink Swann Resumes Vivus (VVUS) at Outperform, $19-$20 Valuation

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Leerink Swann Resumes Arena Pharma (ARNA) at Outperform

February 6, 2013 7:14 AM EST

Leerink Swann initiates coverage on Arena Pharma (NASDAQ: ARNA) with a Outperform rating and $11-$12 valuation range.

The firm comments, "Our due diligence points to a significant transformation occurring in the obesity space, similar in scope to smoking cessation a decade... More