Vivus Calls First Manhattan’s Board Change A Serious Threat

HFA Padded
Mani
Published on
Updated on

VIVUS, Inc. (NASDAQ:VVUS) today sent a letter to its shareholders indicating First Manhattan Co’s campaign to replace Vivus’ existing board a serious threat. The pharmaceutical company commercializing and developing innovative, next-generation therapies to address unmet needs in obesity and sexual health in its today’s letter to the shareholders, emphasized that there is no shortcut to unlock the value represented by Qsymia. Qsymia Seen Slow Pick Up Once touted as a promising therapy to fight a U.S. obesity epidemic, doctors have been slow to pick it up given the troubled past of obesity drugs. Qsymia’s side effects include heart risks and the possibility…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports