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Its royalty revenue rose to $1.5 million from $895,000. The company gets royalties on sales of the schizophrenia drug Fanapt, which is marketed by Swiss drugmaker Novartis AG. Vanda said Fanapt prescriptions grew 39 percent from a year ago.
sales and marketing and distribution support Fanapt® receives; Vanda's ability to successfully commercialize Fanapt® outside of the U.S. and Canada; delays in the completion of Vanda's clinical trials; a failure of Vanda's products ...
Its lead product includes Fanapt for the acute treatment of schizophrenia in adults. The company is developing Tasimelteon, which is in the orphan designation status for the treatment of non-24 hour sleep/wake disorder in blind individuals ...