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Monday, 07/30/2007 8:20:33 AM

Monday, July 30, 2007 8:20:33 AM

Post# of 71722
VVUS - VIVUS Receives FDA Approval of Evamist NDA

http://biz.yahoo.com/bw/070730/20070730005367.html?.v=1

"Under the terms of the Transaction, VIVUS is also eligible to receive an additional $140 million cash payment upon the approval of the New Drug Application ("NDA") for Evamist. The payment is expected five days after the transfer of the NDA to KV. VIVUS is expected to transfer and assign the NDA to KV by August 3, 2007. In the future, VIVUS may also receive certain one-time milestone payments of up to $30 million based on net annual sales of Evamist."

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