Arena Pharmaceuticals (ARNA), one of a trio of companies developing treatments for the obesity market, released its Q3 earnings after the market closed yesterday. Despite a fairly neutral report -- which didn't include sales projections for its FDA-approved drug Belviq -- the company is trading down today.
In the following video, health care analysts Max Macaluso and Brenton Flynn examine Arena's results, including a new partnership deal, and discuss the cascading effects of the poor sales figures reported by Arena's main competitor, VIVUS (VVUS).
