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New York, NY -- (SBWIRE) -- 12/20/2012 -- VIVUS Inc. (NASDAQ:VVUS) is a biopharmaceutical company. The Company is engaged in the development and commercialization of therapeutic drugs for underserved markets, including obesity and related morbidities, such as sleep apnea and diabetes, and men's sexual health.
VIVUS, Inc.(NASDAQ:VVUS) was among the finest moving Biotech stocks on Thursday, as its shares pumped up 2.05% after the news that the firm declared Express Scripts, among the country’s biggest Pharmacy Benefit Managers (PBMs), has included Qsymia™ to its national pharmacy formularies, allowing for coverage where accessible by benefit design of the first new FDA-accepted medication commercially accessible in the US in over a decade for the cure of chronic weight management.
Shares of VVUS climbed 3.81% to $13.64 in the previous trading session. The company showed strong growth in weekly prescriptions for its Qsymia pill, the latest fat-fighter on the U.S. market. Healthcare research firm Symphony Health Solutions reported a 44% jump in Qsymia prescriptions for the week ended November 12, while other industry body, IMS Health, pointed to a 15% rise in prescriptions during the same period.
How Should Investors Trade VVUS After The Recent Volatile Moves? Find Out Here
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