VIVUS, Inc. (NASDAQ: VVUS)
VIVUS, Inc. (VVUS) announced that the U.S. Food and Drug Administration Endocrinologic and Metabolic Drugs Advisory Committee recommended Qnexa be granted marketing approval by the FDA for the treatment of obesity in adults. The Committee voted 20 to 2, on the recommendation for an approval based on a favorable benefit-risk profile.
VVUS is a biopharmaceutical company developing therapies to address obesity, sleep apnea, diabetes and male sexual health. The company’s lead investigational product in clinical development, Qnexa, has completed phase 3 clinical trials for the treatment of obesity and is currently being considered for approval by US and EU regulators. VIVUS received a Complete Response Letter, or CRL, to the initial Qnexa NDA on October 28, 2010. We resubmitted the Qnexa NDA in October 2011, with an FDA action date of April 17, 2012. Qnexa is also in phase 2 clinical development for the treatment of type 2 diabetes and obstructive sleep apnea. In the area of sexual health, VIVUS has submitted an NDA for avanafil, a PDE5 inhibitor being studied for the treatment of erectile dysfunction, with an FDA action date of April 29, 2012.
For more information about VVUS please visit http://www.vivus.com
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FrogAds, Inc. (FROG.OB)
FrogAds, Inc. (FROG) recently reported that it concluded a very busy week in which it wrapped up production of a video campaign featuring Pamela Anderson, amongst other corporate initiatives. In addition, the Company continues to march toward its goal of being ranked within the top 10,000 global websites, positioning it as one of the most adopted commercial websites, as measured by the online advertising industry.
FROG , a development stage company, provides online classified ads. The company, through its Internet site frogads.com, enables sellers to list their products and services. It sells advertisements and banner ads. The company was formerly known as Imobolis, Inc. and changed its name to FrogAds, Inc. in October 2011. FrogAds, Inc. was founded in 2010 and is based in Encino, California.
For more information about FROG please visit http://www.frogads.com
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3D Systems Corporation (NYSE: DDD)
3D Systems Corporation (DDD) announced today non-GAAP adjusted earnings of 27 cents per share for the fourth quarter of 2011 and GAAP earnings of 16 cents per share. The Company’s revenue increased 35% to $69.9 million for the fourth quarter of 2011 and 44% to $230.4 million for the full year. Printer units grew 190% for the quarter and 242% for the year resulting in record printer revenue and units shipped.
DDD is a leading provider of 3D content-to-print solutions including 3D printers, print materials and on-demand custom parts services for professionals and consumers alike. The company also provides creative content development, design productivity tools and curation services and downloads. Its expertly integrated solutions replace displace and complement traditional methods and reduce the time and cost of designing new products by printing real parts directly from digital input. These solutions are used to rapidly design, communicate, prototype and produce functional end-use parts empowering our customers to create with confidence.
For more information about DDD please visit http://www.3dsystems.com
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Legend Oil and Gas Ltd. (LOGL.OB)
Legend Oil and Gas Ltd. (LOGL) previously reported that the three wells drilled in Piqua, Kansas in December 2011 have been completed and placed on production. With the positive results of its drilling activities, the company is planning a 10 well development program for the spring of 2012. Early results suggest that these wells should perform similarly to their previous development program (three new wells and one re-completed well during 2011). With the positive results of their drilling activities, they are planning a 10 well development program for the spring of 2012. They believe the results of their drilling to date will allow them to accelerate their “ramp-up” of development on the property, with more than 50 drilling locations identified.
LOGL is a managed risk, oil and gas exploration/exploitation, development and production company with activities currently focused on leases in Canada, southeastern Kansas and northern North Dakota.
For more information about LOGL please visit http://legendoilandgas.com
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