Biotech SF: Vivus wraps up $22M sales of Muse unit

Tuesday, November 9, 2010

Vivus wraps up $22M sales of Muse unit

Mountain View-based Vivus Inc. finished selling Muse, its erectile dysfunction drug, for $22 million in cash.
Vivus (NASDAQ: VVUS) could get $1.5 million more from the buyer, Sweden’s Meda A.B., depending on how well Muse does on the market.

No comments:

Post a Comment

Some of my favorite stories.

• "The fight of his life" (2007)

Last year Mike Homer helped raise the money for 2,000 medical research computers. Now researchers are using that equipment in an attempt to save his life.

• "For reporter, CJD is more than a story" (2007)

Seven years ago -- nearly to the day -- my mother died of Creutzfeld-Jakob Disease.

• "A son's YouTube plea for Avastin" (2010)

Josh Turnage is your typical teenager, trying to discover what he wants to do in college and with his life. But a 7-minute, 41-second YouTube video he produced about his mother's fight with breast cancer may thrust him into a debate between drug makers and the agency that regulates them.

• "New device could knock out old dialysis technology" (2011)

Shuvo Roy has all the makings for the world's first implantable artificial kidney, thanks to nanotechnology and a web of nationwide collaborations.

All he needs now is $20 million.