Vanda Pharmaceuticals Inc. (VNDA)

NASDAQ: VNDA · Real-Time Price · USD
4.730
-0.180 (-3.67%)
At close: Oct 21, 2024, 4:00 PM
4.740
+0.010 (0.21%)
After-hours: Oct 21, 2024, 6:25 PM EDT
-3.67%
Market Cap 275.71M
Revenue (ttm) 182.02M
Net Income (ttm) -10.93M
Shares Out 58.29M
EPS (ttm) -0.19
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 387,996
Open 4.930
Previous Close 4.910
Day's Range 4.730 - 4.930
52-Week Range 3.300 - 6.750
Beta 0.77
Analysts Buy
Price Target 13.00 (+174.84%)
Earnings Date Nov 6, 2024

About VNDA

Vanda Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development and commercialization of therapies to address high unmet medical needs worldwide. The company’s marketed products include HETLIOZ to treat non-24-hour sleep-wake disorders; and Fanapt oral tablets for the treatment of schizophrenia. Its pipeline products include HETLIOZ (tasimelteon) to treat jet lag disorder, insomnia, delayed sleep phase disorder, sleep disturbances in autism spectrum disorder, and pediatric Non-24; Fanapt (iloperidone) for the treatment of bi... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Apr 12, 2006
Employees 203
Stock Exchange NASDAQ
Ticker Symbol VNDA
Full Company Profile

Financial Performance

In 2023, Vanda Pharmaceuticals's revenue was $192.64 million, a decrease of -24.27% compared to the previous year's $254.38 million. Earnings were $2.51 million, a decrease of -60.02%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for VNDA stock is "Buy" and the 12-month stock price forecast is $13.0.

Price Target
$13.0
(174.84% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Vanda Pharmaceuticals Confirms Receipt of Economically Identical Unsolicited, Non-Binding Proposal from Cycle Group Holdings Ltd.

Board Has Determined That Latest Proposal Is Not in the Best Interests of the Company or Stockholders WASHINGTON , Oct. 14, 2024 /PRNewswire/ -- Vanda Pharmaceuticals Inc. ("Vanda" or the "Company") (...

7 days ago - PRNewsWire

Cycle Pharma maintains takeover offer for Vanda Pharmaceuticals

UK-based Cycle Pharmaceuticals on Monday reaffirmed its offer to buy Vanda Pharmaceuticals in a deal that values the US drugmaker at $488 million, despite a regulatory setback for its stomach conditio...

7 days ago - Reuters

Cycle Pharmaceuticals Reaffirms All-Cash Proposal to Acquire Vanda Pharmaceuticals for $8.00 Per Share

BOSTON & CAMBRIDGE, England--(BUSINESS WIRE)--Cycle Pharmaceuticals Ltd (“Cycle”), a dynamic leader in developing rare disease therapies, today reaffirmed its proposal to acquire all of the issued and...

7 days ago - Business Wire

Vanda Pharmaceuticals decries FDA's rejection of stomach paralysis drug as unjust

The company has criticized the FDA for failing to hold advisory committee meetings as well as going against the FDCA.

4 weeks ago - Invezz

FDA Strikes Off Vanda Pharmaceuticals' Tradipitant For Stomach Paralysis, Asks For Additional Studies

Thursday, the FDA declined to approve Vanda Pharmaceuticals Inc.'s VNDA New Drug Application (NDA) of tradipitant for symptoms in gastroparesis, providing Vanda with a Complete Response Letter (CRL).

4 weeks ago - Benzinga

U.S. FDA declines to approve Vanda's stomach paralysis drug

The U.S. Food and Drug Administration has declined to approve Vanda Pharmaceuticals' drug to treat stomach paralysis symptoms, the company said on Thursday.

4 weeks ago - Reuters

FDA Declines to Approve Vanda's Marketing Application for Tradipitant in Gastroparesis

WASHINGTON , Sept. 19, 2024 /PRNewswire/ -- Vanda Pharmaceuticals Inc. (Vanda) (Nasdaq: VNDA) today provided an update on its tradipitant development program.

4 weeks ago - PRNewsWire

Vanda Pharmaceuticals Announces Participation in the 2024 Cantor Global Healthcare Conference

WASHINGTON , Sept. 11, 2024 /PRNewswire/ -- Vanda Pharmaceuticals Inc. (Vanda) (Nasdaq: VNDA) today announced that the company will participate in the 2024 Cantor Global Healthcare Conference in New Y...

5 weeks ago - PRNewsWire

Vanda Pharmaceuticals Announces Participation in the H.C. Wainwright Global Investment Conference

WASHINGTON , Sept. 4, 2024 /PRNewswire/ -- Vanda Pharmaceuticals Inc. (Vanda) (Nasdaq: VNDA) today announced that the company will participate in the H.C.

6 weeks ago - PRNewsWire

Vanda Pharmaceuticals Announces Participation in the Wells Fargo 2024 Healthcare Conference

WASHINGTON , Aug. 29, 2024 /PRNewswire/ -- Vanda Pharmaceuticals Inc. (Vanda) (Nasdaq: VNDA) today announced that the company will participate in the Wells Fargo 2024 Healthcare Conference in Boston o...

7 weeks ago - PRNewsWire

Vanda Pharmaceuticals: I Believe That The Bidding War Is Not Over

Vanda Pharmaceuticals Inc. received and then refused two takeover bids that were well above current market prices. Vanda currently trades below net cash despite having significant revenue and operatio...

2 months ago - Seeking Alpha

Vanda Pharmaceuticals Inc. (VNDA) Q2 2024 Earnings Call Transcript

Vanda Pharmaceuticals Inc. (NASDAQ:VNDA) Q2 2024 Earnings Conference Call July 31, 2024 4:30 PM ET Company Participants Kevin Moran - Chief Financial Officer Mihael Polymeropoulos - President, Chief ...

2 months ago - Seeking Alpha

Vanda Pharmaceuticals Reports Second Quarter 2024 Financial Results

Revenues for Q2 2024 were $50.5 million, an increase of 6% compared to Q1 2024 and an increase of 10% compared to Q2 2023 Financial Guidance reinstated for Full Year 2024 Fanapt® approved for the acut...

2 months ago - PRNewsWire

Vanda Pharmaceuticals to Announce Second Quarter 2024 Financial Results on July 31, 2024

Conference Call and Webcast to Follow WASHINGTON , July 26, 2024 /PRNewswire/ -- Vanda Pharmaceuticals Inc. (Vanda) (Nasdaq: VNDA) today announced it will release results for the second quarter 2024 o...

3 months ago - PRNewsWire

Federal Court Allows Vanda's HETLIOZ® Patent Lawsuit to Proceed against Teva and Apotex

WASHINGTON , July 1, 2024 /PRNewswire/ -- Vanda Pharmaceuticals Inc. (Vanda) (Nasdaq: VNDA) today announced that the U.S. District Court for the District of Delaware (the "Court") denied the motions f...

4 months ago - PRNewsWire

Future Pak withdraws offer to buy Vanda Pharmaceuticals

Contract manufacturer Future Pak said on Wednesday it has withdrawn its offer to acquire Vanda Pharmaceuticals , citing non-engagement from the U.S. drugmaker.

4 months ago - Reuters

Future Pak Withdraws Proposal to Purchase Vanda Pharmaceuticals Inc.

WIXOM, Mich.--(BUSINESS WIRE)--Consistent with the position indicated in its June 13, 2024 letter to Vanda Pharmaceuticals (“Vanda”), Future Pak LLC and its affiliates ("Future Pak") today announced t...

4 months ago - Business Wire

Vanda Pharmaceuticals And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 100 points on Thursday.

4 months ago - Benzinga

Vanda rejects Future Pak and Cycle Pharma's takeover offers

Vanda Pharmaceuticals said on Wednesday that it has rejected takeover offers from UK-based Cycle Pharmaceutical and a revised bid from contract manufacturer Future Pak, adding that both offers underva...

4 months ago - Reuters

Vanda Pharmaceuticals Board of Directors Determines that Recent Unsolicited Takeover Proposals Are Not in the Best Interests of the Company and its Shareholders

WASHINGTON , June 19, 2024 /PRNewswire/ -- Vanda Pharmaceuticals Inc. (Vanda) (Nasdaq: VNDA) today announced that the Company's Board of Directors (the "Board"), following careful review and consultat...

4 months ago - PRNewsWire

Vanda Pharmaceuticals: Undervalued With Promising Pipeline And Acquisition Interest

Vanda Pharmaceuticals' portfolio includes FDA-approved Hetlioz for sleep disorders, Fanapt for schizophrenia and bipolar I disorder, and Ponvory for multiple sclerosis. VNDA's upcoming pipeline featur...

4 months ago - Seeking Alpha

Global Bipolar Disorder Market Size To Exceed USD 6.47 Billion By 2033 | CAGR Of 1.98%

The Global Bipolar Disorder Market Size was Valued at USD 5.32 Billion in 2023, the Worldwide Bipolar Disorder Market Size is Expected to Reach USD 6.47 Billion by 2033, according to a research report...

4 months ago - GlobeNewsWire

Vanda Pharmaceuticals Confirms Receipt of Revised Unsolicited Takeover Proposal from Future Pak

No Shareholder Action Required at This Time WASHINGTON , June 13, 2024 /PRNewswire/ -- Vanda Pharmaceuticals Inc. ("Vanda" or the "Company") (Nasdaq: VNDA) today confirmed that it has received a revis...

4 months ago - PRNewsWire

Future Pak raises cash portion of buyout offer for Vanda

Contract manufacturer Future Pak said on Thursday it has raised the cash portion of its buyout offer as part of a final attempt to acquire Vanda Pharmaceuticals.

4 months ago - Reuters

Future Pak Issues Enhanced and Final Proposal to Acquire Vanda Pharmaceuticals Inc.

WIXOM, Mich.--(BUSINESS WIRE)--Future Pak, LLC and its affiliates ("Future Pak") today announced that it has submitted a final attempt to engage with Vanda Pharmaceuticals Inc. ("Vanda" or the "Compan...

4 months ago - Business Wire