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Biotech / Medical : Vivus, Why the Slide?

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To: Mkilloran who wrote (3988)1/20/2000 7:29:00 AM
From: Frostman  Read Replies (1) of 3991
 
Thursday January 20, 4:03 am Eastern Time

Company Press Release

VIVUS Announces Higher Than Expected Fourth
Quarter Earnings Per Share

Company Expects To Report Between $0.40 and $0.42 EPS

MOUNTAIN VIEW, Calif.--(BW HealthWire)--Jan. 20, 2000--VIVUS, Inc. (Nasdaq:VVUS - news) today announced that the
Company expects to report earnings per share (''EPS'') between $0.40 and $0.42 for its fourth quarter of 1999. The increase in
EPS is primarily due to additional revenues recorded as part of the resolution of financial obligations related to the return to
VIVUS of marketing and distribution rights for MUSE® (alprostadil) from AstraZeneca.

Complete details of the Company's quarterly and year end financial results will be available in a press release to be issued on
January 26, 2000 at the close of market. VIVUS invites shareholders and the financial community to participate in its conference
call which will be held at 4:30 p.m. Eastern Time on January 26, 2000. The call can be accessed via a live webcast on the Internet
at www.vcall.com or www.streetfusion.com.

VIVUS, Inc. is the developer and manufacturer of MUSE and ACTIS®, two innovations in the treatment of men with erectile
dysfunction (''ED''), also known as impotence. The Company's objective is to become a global leader in the development and
commercialization of innovative therapies for the treatment of sexual dysfunction and urologic disorders in men and women.
VIVUS has ongoing research and development programs in female sexual dysfunction and male premature ejaculation. The
company recently filed a New Drug Application with the FDA for ALIBRA®, its second-generation male ED treatment.
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