ARNA (Arena Pharmaceuticals- product name "Belviq") It really is something special, Charles! The first FDA approved diet drug in 13 years. The worldwide mkt for this is huge! I'm flabbergasted that ordinary Joes and Josephines out there are already aware of it, and sense many anticipate using it. The recently approved competitor from Vivus (VVUS) is a poor stepchild, all considered. ARNA is a novel drug that helps people feel satiated- helps turn down the hunger pangs. Nothing like those dangerous "speedy" drugs from the past. I am Targeting $22-$25 by EOY. They could get scooped by big pharma before that. If not, the rev's will start rolling in by first quarter. Huge also are the milestone payments from their North and South American Selling agent, Eisai Pharmaceuticals of Tokyo. Patents aplenty. Other posible applications to be studied such as diabetes control, smoking cessation and curbing alcohol abuse. Arena has a pipeline, too. Smart cookies at Arena have put together something special here. MG- sharing the love!
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