FDA Advisory Panel Votes Against Arena Pharmaceuticals, Inc's Drug (NASDAQ: ARNA)

(3 votes, average 3.67 out of 5)
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FDA Advisory panel today voted against lorcaserin, the new weight loss drug from Arena Pharmaceuticals, Inc (NASDAQ: ARNA) which is currently under FDA review with a PDUFA date of October 22, 2010.

The question for which the panel voted:

Has the available data demonstrate that the potential benefits of lorcaserin outweigh the potential risks when used long-term in a population of overweight and obese individuals to allow marketing approval?

Yes Votes:  5
No Votes: 9

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