Arena Pharma (ARNA) Tops Q3 EPS by 2c; Issues Corp., R&D, BELVIQ Updates

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Arena Pharmaceuticals Reports Third Quarter 2015 Financial Results and Provides Corporate Update

November 10, 2015 4:00 PM EST

SAN DIEGO, Nov. 10, 2015 /PRNewswire/ -- Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) today reported financial results for the third quarter ended September 30, 2015, and provided a corporate update.

"On October 27, we announced a plan to improve efficiencies and reduce costs as we chart a new course for Arena with our refocusing effort," said Harry F. Hixson, Jr., Arena's interim Chief Executive Officer. "As we head into 2016, we intend to continue to implement this plan to be sure we are taking full advantage of our key strengths in a strategic, optimized manner."

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