Seth H.Z. Fischer, CEO of Vivus, purchased 3,080 shares of Vivus (Stock Symbol: Enter VVUS) at $6.07 per share for a total amount of $18.7 thousand on March 03, 2014.
Vivus is based in Mountain View, California.
On 03/19/2014, Vivus today announced that Shari Belafonte is teaming up with the company to educate American adults about seeking medical treatment for chronic weight management when diet and physical activity alone have not been successful. Ms. Belafonte, an actress, model, photographer, writer, singer and daughter of famed musician and actor Harry Belafonte, knows that the impact of being overweight is more than superficial.
On 02/24/2014, Vivus announced its latest annual results. For the year ended December 31, 2013, total net product revenue was $25.2 million, of which $23.7 million was from sales of Qsymia and the remaining amount was from STENDRA. Total license revenue was $55.8 million from the license and commercialization agreements for STENDRA and SPEDRA.
According to Capital IQ, Vivus has a market cap of $603.28 million, an enterprise value of $473.1 million, and trailing 12 month revenues of $81.08 million.
VIVUS, Inc., a biopharmaceutical company, develops and commercializes therapies to address unmet needs in obesity, sleep apnea, diabetes, and sexual health in the United States and the European Union. The company offers Qsymia, a drug for the treatment of obesity as an adjunct to a reduced-calorie diet and increased physical activity for chronic weight management in adult patients with an initial body mass index of 30 or greater, or 27 or greater in the presence of at least one weight-related comorbidity, such as hypertension, type 2 diabetes mellitus, or high cholesterol; and STENDRA, an oral phosphodiesterase type 5 inhibitor for the treatment of erectile dysfunction. It is also developing Qsymia, which has completed Phase II clinical studies for the treatment of obstructive sleep apnea and diabetes. The company has an agreement with Mitsubishi Tanabe Pharma Corporation for the development and commercialization of avanafil, a PDE5 inhibitor compound for the oral and local treatment of male and female sexual dysfunction. VIVUS, Inc. was founded in 1991 and is headquartered in Mountain View, California.
Seth Fischer is 57 years old.
According to his biography, Mr. Seth H. Z. Fischer is Chief Executive Officer, Chief Commercial Officer, Director of VIVUS, Inc. Mr. Fischer served in positions of increasing responsibility with Johnson & Johnson, a public healthcare company, until his retirement in 2012. Most recently Mr. Fischer served as Company Group Chairman Johnson & Johnson, Worldwide Franchise Chairman Cordis Corporation from 2008 to 2012, which included responsibility for Cordis and Biosense Webster. Previously, he served as Company Group Chairman North America Pharmaceuticals from 2004 to 2007. In this position he had responsibilities for Ortho-McNeil Pharmaceuticals, Janssen and Scios. Prior to this position, Mr. Fischer served as President of Ortho-McNeil Pharmaceuticals from 2000 to 2004. Since April 2013, Mr. Fischer has served on the board of Trius Therapeutics, Inc., a public pharmaceutical company. Mr. Fischer holds a Bachelor of General Studies from Ohio University.
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