Arena Pharmaceuticals (NASDAQ:ARNA) posted its Q3 results, and while there was no ground-breaking news regarding its obesity drug, Belviq, the company did announce a new partnership with South Korean drugmaker Ildong. Arena already has a deal in place with Japanese pharma giant Eisai to market Belviq in major drug markets throughout the Americas.
In the following video, health care analysts Max Macaluso and David Williamson take a close look at the details of this partnership and also discuss the merits of Arena's international strategy.
Max Macaluso, Ph.D. and David Williamson have no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.