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www.fdanews.com/articles/86698-vivus-to-raise-12-million-in-registered-direct-offering-of-common-stock

VIVUS TO RAISE $12 MILLION IN REGISTERED DIRECT OFFERING OF COMMON STOCK

May 10, 2006

Vivus, Inc., a pharmaceutical company dedicated to the development and commercialization of next-generation therapeutic products addressing obesity and sexual health, today announced that it has entered into a purchase agreement with two institutional investors for the sale of $12 million of its common stock in a registered direct offering.

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