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


To: Tunica Albuginea who wrote (5850)3/10/1998 5:16:00 AM
From: RT  Read Replies (1) | Respond to of 23519
 
Tunica,

<<Where did Vivus acknowledge there is a decrease in demand>>

Tunica,

In this Press Release.

Company Press Release

VIVUS Reports 1997 Year End And Fourth Quarter Financial Results And Settlement Of Lawsuit

''It is critical for the Company to receive regulatory approvals of its new manufacturing facility,'' stated Wilson. ''We have held off initiating MUSE advertising programs throughout 1997 because of our production capacity constraints. Without substantial efforts to build the market in 1997,****** we have seen a decline in demand.****** In anticipation of receiving regulatory approvals of our new facility and because inventories are stable at the wholesale level, VIVUS will launch its first direct-to-consumer advertising campaign. This campaign will kick off its first television commercial on January 31, 1998 during the AT&T Pebble Beach National Pro-Am and will include other major TV, newspaper and magazine placements.''

RT