Arena Pharma (ARNA) Dips; Enrollment Accelerated for Orexigen's (OREX) Contrave Trial

July 11, 2012 7:13 AM EDT
Arena Pharmaceuticals (Nasdaq: ARNA) is indicated lower Wednesday morning following a release from peer Orexigen (Nasdaq: OREX) that enrollment in the Light Study, the Contrave cardiovascular outcomes clinical trial, is going faster than expected.

Arena is bid about 2.8 percent lower.

Otherwise, VIVUS (Nasdaq: VVUS), which has its Qnexa slated for an upcoming PDUFA date with the FDA, is also bid slightly lower ahead of the bell.

For more color from Orexigen, click here.


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