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Latest news releases on Fanapt:
Its royalty revenue rose to $1.5 million from $895,000. The company gets royalties on sales of the schizophrenia drug Fanapt, which is marketed by Swiss drugmaker Novartis AG. Vanda said Fanapt prescriptions grew 39 percent from a year ago.
sales and marketing and distribution support Fanapt® receives; Vanda's ability to successfully commercialize Fanapt® outside of the U.S. and Canada; delays in the completion of Vanda's clinical trials; a failure of Vanda's products ...
First quarter 2012 revenues included $1.5 million in Fanapt® royalties received from Novartis as compared to royalties of $0.9 million for the first quarter of 2011. Total operating expenses for the first quarter of 2012 were $16.5 ...
The company's revenue climbed to $8.14 million, from $7.5 million in the same quarter a year ago on higher royalty payments from Novartis for its schizophrenia drug, Fanapt. Vanda had a first quarter net loss of $7.96 million, or 28 cents per ...
Its lead product includes Fanapt for the acute treatment of schizophrenia in adults. The company is developing Tasimelteon, which is in the orphan designation status for the treatment of non-24 hour sleep/wake disorder in blind individuals without light perception.
First quarter 2012 revenues consisted primarily of $1.2 million in royalties on net sales of Fanapt®, which will be paid by Titan to Deerfield Management Company L.P. in accordance with the terms of the agreements entered into during 2011. First quarter ...