VIVUS Settlement Could Clue In Orexigen Investors

The prescription anti-obesity sector has had its challenges over the years. After more than a decade with no new treatments for obesity, three companies developed, received approval for, and launched anti-obesity drugs a few years ago. Investors thought that a new anti-obesity treatment was a "no-brainer" and piled into Vivus (VVUS), Arena Pharmaceuticals (ARNA), and Orexigen (OREX). Ultimately, each company struggled in a big way to find enough patients to drive sales to respectable levels.

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