Arena (ARNA) BELVIQ TRx Up 14% Last Week

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Arena Pharmaceuticals (ARNA) In Deal to Bring BELVIQ to Tiawan

July 25, 2013 8:07 AM EDT

Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) entered into an exclusive marketing and supply agreement with CY Biotech Company Ltd. (CYB) for BELVIQ® (lorcaserin HCl) in Taiwan. Under the agreement, Arena granted CYB the rights to market and distribute BELVIQ in Taiwan for weight loss or weight management in obese and overweight patients, subject to regulatory approval of BELVIQ by the Taiwan Food and Drug Administration (TFDA).

Arena will manufacture BELVIQ at its... More