Do you really think combination of 2 generic drugs is really worth anything?
OREX and Contrave is a joke. Despite weight loss, Contrave increased heart rate and blood pressure. Surely the FDA will take note as increases in HR and BP lead to strokes and heart attacks.
it's a sham. big holders want out with something, and since institutional holders have probably 80% and can't possibly sell all that without it hitting 0 they need to market it to retail.. looks like a hunt for bagholders.
Sentiment: Strong Buy
I thought the same thing, but the liability that would be out there if they made this buy out offer and then sold out before June 13 and changed their minds about submitting a buyout offer would put them in hot water. Not sure they could legally get away with this.
You Areniacs live in a very shallow world. All you do is sit around reading the outrageous predictions of Yossi, Henry, Pharma, Norrie and a couple others, the spamming of Henry Ruby, and the general BS that is spewed on a daily basis by people who are afraid of the truth.
If you are surprised that VVUS is being shopped, then consider too that you were lead to believe Belviq would be a blockbuster in the first year.
There is a lot more going on out there than you care to know, so don't be surprised when something comes up that you weren't expecting. I imagine Yossi, Henry, SP500 and Pharmaapproved told you Contrave would never be approved and wouldn't sell. Well, don't be so shocked when your gods are not only wrong, but fools.
It's the old saying, garbage in, garbage out.
Really.... all of us in one disdain filled bucket just like that huh? Guess that simplifies things for you doesn't it....... Well then, I guess all you O-boy! types come over here to read up on things, eh? Can't blame you because the O-Boy! board is totally, completely devoid of life (as we know it). Enjoy!
Well you should probably take time to read my posts then. Never expected Belviq to be a blockbuster in 12 months. VVUS management did not shop this offer, the offer was made public before it ever was sent to management. Clearly it is a large investors attempt to protect their investment. Second time this has happened in the history of this company. FMC kicked out the last management team and BOD. Now we have new shareholder flexing their muscle.
Again, don't read more into the post. I was just amazed that VVUS got a buy out offer, period. They company is burning 200 million a year. Qsymia has stalled and is going nowhere. Stendra while sales are increasing it is not enough offset the burn rate. VVUS has yet to start the Phase IV studies required as a condition for marketing approval for Qsymia. So with all this negative stuff going on, it is shocking they get an offer. That was all the post stated. I clearly don't see the value in VVUS as a whole and don't forget to add in all the debt and off balance sheet debt.
We don't know that there has been no offer. We can reasonably assume that no offer was accepted, which makes perfect sense, given that share price is being suppressed by MM manipulation.