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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: sailor who wrote (3824)12/17/1997 2:27:00 PM
From: Whipsaw  Read Replies (2) | Respond to of 23519
 
They said they would start the new plant with 1 line and ramp up from there to a *quintupling* of total production in 1998. The important thing is to have something in the new plant running smoothly NOW to facilitate MCA and FDA approval. Transferring experienced operators and proven equipment from the old plant is the best way to do this.

I thought they had 2 lines at the old plant, not 3. I'll have to listen to the CC one more time. Whatever they moved to the new plant, they have replaced.

They have a new highly-qualified operations VP. There is no doubt in my mind that he will soon have the replacement staff and equipment at the old factory back to established production levels, if not more.