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Biotech / Medical : Vivus: into single digits

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To: MIKE DUBIS who wrote (951)8/31/1998 5:57:00 PM
From: VLAD  Read Replies (1) of 1016
 
MIKE,

I was told by a contact in New Jersey that in an attempt to maintain a profitable Q3, Vivus decided to have all the production in the new plant. They will still have to pay PACO lease payments but this money will be minimal as compared to the savings seen in the reduction of unit costs.
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