Vanda Pharmaceuticals (VNDA) Tops Q3 EPS by 16c

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Vanda Pharmaceuticals Reports Third Quarter 2018 Financial Results

November 7, 2018 4:01 PM EST

WASHINGTON, Nov. 7, 2018 /PRNewswire/ -- Vanda Pharmaceuticals Inc. (Vanda) (Nasdaq: VNDA) today announced financial and operational results for the third quarter ended September 30, 2018.

Key Highlights:

Vanda reiterates 2018 net product sales guidance of $180 million to $200 million. Total net product sales from HETLIOZ® and Fanapt® were $49.1 million during the third quarter of 2018, a 4% increase compared to $47.4 million in the second quarter of 2018 and a 19% increase compared to $41.3 million in the third quarter of 2017.

HETLIOZ® (tasimelteon)

HETLIOZ® net product sales were $29.9 million in... More