Recent Dip Presents Buying Opportunity In Arena Pharmaceuticals [Seeking Alpha]
Arena Pharmaceuticals, Inc. (ARNA)
Last arena pharmaceuticals, inc. earnings: 2/26 04:01 pm
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US:NASDAQ Investor Relations:
invest.arenapharm.com/investor-relations
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Source: Seeking Alpha
Recent Dip Presents Buying Opportunity In Arena Pharmaceuticals Arena Pharmaceuticals ( ARNA In the Fall of 2019 Arena inked a deal UTHR There have been some developments recently that indirectly relate to Arena. Two months prior to the Arena deal with United Therapeutics, United struck a smaller deal MNKD As it turns out, MannKind has done the necessary studies on an inhaled version related to the $10-million dollar option. The results have been available for over a month, but indications would seem to be that United is not going any further with the inhaled version of Adcirca at this time. Had United moved forward, MannKind would have been eligible for $30 million more in milestones. Adcirca, as stated, is Tadalafil for pills for the treatment of PAH. For those not aware, Tadalafil is the active ingredient in the erectile dysfunction drug Cialis. As many are aware, Cialis (and thus Adcirca) went generic in the Fall of last year. The generics have decimated Adcirca sales, and ultimat
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