Exhibit 99.1

 

GRAPHIC

 

Financial Media Relations:
Joele Frank, Wilkinson Brimmer Katcher
Eric Bonach

CONTACT:

ebonach@joelefrank.com
212-355-4449

 

 

VIVUS, Inc.

Investor Relations:

Timothy E. Morris

The Trout Group

Chief Financial Officer

Brian Korb

morris@vivus.com

bkorb@troutgroup.com

 

646-378-2923

 

VIVUS Reports 2012 Fourth Quarter and Full-Year Financial Results

 

MOUNTAIN VIEW, Calif., February 25, 2013

— VIVUS, Inc. (NASDAQ: VVUS), a biopharmaceutical company commercializing and developing innovative, next-generation therapies to address unmet needs in obesity, sleep apnea, diabetes and sexual health, today provided a business update and reported its financial results for the fourth quarter and year ended December 31, 2012.

 

“We believe in the long-term value of our franchise, and are focused on retaining and enhancing that value for our stockholders,” stated Leland Wilson, chief executive officer of VIVUS.  “In 2012, we obtained FDA approval for QsymiaTM and STENDRATM and launched Qsymia in the U.S.  Since approval, we have dedicated resources and been actively engaged in the process of educating physicians and creating awareness for Qsymia.  In order to expand access to Qsymia, we submitted to FDA in mid-October 2012 a modification of the REMS that, pending approval, would allow patients to access Qsymia through select certified retail pharmacies.  We continue to make substantial progress in obtaining reimbursement coverage.  Our goals for 2013 include expanding both access and reimbursement for Qsymia as well as securing partnerships for STENDRA.”

 

Recent Highlights

 

·                  In February 2013, VIVUS announced the publication of a study concluding that weight loss resulting from treatment with Qsymia led to significant improvements in cholesterol, blood pressure and triglycerides in obese and overweight patients experiencing one or more of these associated conditions.

 

·                  In December 2012, VIVUS announced an agreement with Express Scripts, which manages the pharmacy benefit for approximately 26.3 million lives in the U.S., adding Qsymia as a standard benefit option to the Express Scripts National Formulary.

 

·                  In September 2012, VIVUS launched Qsymia in the U.S., the first FDA-approved, once-daily combination therapy and the first new medication available in 13 years for the treatment of obesity.

 


The following information was filed by Vivus Inc (VVUS) on Monday, February 25, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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