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Traderzz

12/09/09 11:40 AM

#175869 RE: Traderzz #175868

Vanda Pharmaceuticals Inc. (VNDA:US) rose 5.1 percent to $11.63 and gained 7.4 percent earlier, the most intraday since Oct. 13. The Rockville, Maryland-based drugmaker was rated new “buy” at Jefferies Group Inc., which cited the sale of Vanda’s U.S. and Canadian rights for its schizophrenia drug Fanapt to Novartis AG (NVS:US).