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Leerink Swann Reiterates Outperform on VIVUS (VVUS), Review in Health Economics A Positive

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Vivus (VVUS) Financing Agreement Does Not Appear Cheap - Analyst

March 26, 2013 12:56 PM EDT

Wells Fargo today maintained a Market Perform rating on Vivus (NASDAQ: VVUS) with a price target of $12.00. This morning the company announced that it has entered into a $110 million non-equity financing with an investment fund managed by Pharmakon Advisors. Under the terms of this... More

VIVUS (VVUS) Enters $110M non-Equity Financing Agreement; Will Draw $50M Initially

March 26, 2013 6:31 AM EDT

VIVUS, Inc. (Nasdaq: VVUS) announced that it has entered into a $110 million non-equity financing with an investment fund managed by Pharmakon Advisors. Under the terms of this financing, VIVUS will make an initial draw of $50 million and will have the option, at its discretion, to draw an additional $60 million at any... More