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Stock Market & Financial Investment News

News Breaks
January 7, 2013
09:44 EDTVVUSVIVUS gaps up after addition to U.S. 1 List at BofA/Merrill, levels to watch
The stock is up nearly 11% at time of writing, gapping up above recent range trading highs and the stock's 10-day moving average. At the current price of $15.30, next resistance is at $15.50, and then at $16.38. Support is at $14.71.
News For VVUS From The Last 14 Days
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August 25, 2014
07:03 EDTVVUSVIVUS acquires patents from Janssen Pharmaceuticals
VIVUS (VVUS) announced the acquisition of a group of patents from Janssen Pharmaceuticals (JNJ) covering uses of topiramate as monotherapy and in combination with other pharmaceutical agents to treat a variety of medical conditions. Janssen has agreed to dismiss the lawsuit it brought against VIVUS on August 22, 2014 in the U.S. District Court for the District of Delaware. VIVUS will pay a one-time upfront fee and a royalty to Janssen on Qsymia product sales for an assignment of these topiramate-related patents owned by Janssen. VIVUS has an option to buy out the royalty for a predetermined amount.

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