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


To: VLAD who wrote (13101)8/11/1998 11:10:00 PM
From: Mkilloran  Respond to of 23519
 
Vlad...all of the BIG expenses are behind Vivus........

Not quite....One very large expense was the building of the new factory and automated equiptment in NJ...they still have 4 production lines to installin the factory.

In 1999 they will have similar expenses in building the plant in Ireland...$20-30 mill

Now they paid for the factory out of cash on hand and cash flow...

They have several options for the plant in Ireland...Lease financing is one that Leland mentioned in the Conf Call., commercial line of credit, etc...

.they have NO DEBT and $25 mill cash/securities at end of 2nd qtr

All other expenses have been trimmed....