Arena Pharma (ARNA) Tops Q1 EPS by 28c

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Arena Announces Corporate Update and Reports First Quarter 2020 Financial Results

May 7, 2020 4:01 PM EDT

SAN DIEGO, May 7, 2020 /PRNewswire/ -- Arena Pharmaceuticals, Inc. (Nasdaq: ARNA) today provided a corporate update and reported financial results for the first quarter ended March 31, 2020.

"We are pleased to announce that our ongoing clinical programs are currently on track and our liquidity position remains strong with approximately one billion dollars in cash and investments. While maintaining momentum has not been easy, and... More