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Vanda Pharmaceuticals reports Q2 EPS (46c) vs. (8c) last year

Reports Q2 revenue $52.59M, consensus $54.77M. “We have witnessed accelerated growth of Fanapt revenue coinciding with the expansion of our sales efforts alongside a broad direct to consumer brand awareness campaign and we expect this trend to continue in the coming quarters,” said Mihael Polymeropoulos, CEO. “Significant regulatory and clinical milestones are expected in the coming months which have the potential to strengthen our commercial portfolio and advance our deep clinical pipeline.”

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