Vanda Pharmaceuticals (VNDA) Tops Q4 EPS by 15c

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Vanda Pharmaceuticals Reports Fourth Quarter 2017 and Full Year 2017 Financial Results

February 14, 2018 4:01 PM EST

WASHINGTON, Feb. 14, 2018 /PRNewswire/ -- Vanda Pharmaceuticals Inc. (Vanda) (Nasdaq: VNDA) today announced financial and operational results for the fourth quarter and full year ended December 31, 2017.

Key Highlights:

Total net product sales from HETLIOZ® and Fanapt® were $44.3 million in the fourth quarter of 2017, a 7% increase compared to $41.3 million in the third quarter of 2017 and a 16% increase compared to $38.2 million in the fourth quarter of 2016.

HETLIOZ® (tasimelteon)

HETLIOZ® net product sales were $25.0 million in the fourth quarter of 2017, a 12% increase compared to $22.3 million in... More