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Arena Pharmaceuticals (ARNA +8.2%) ramps higher today as the company moves closer than it's ever...

May 07, 2013 12:45 PM ETPfizer Inc. (PFE) StockPFEBy: David Yelle, SA News Editor3 Comments
Arena Pharmaceuticals (ARNA +8.2%) ramps higher today as the company moves closer than it's ever been to bringing its obesity drug Belviq to the U.S. market. A notice on the DEA's website says regulators have approved the scheduling of Belviq as a controlled substance. The notice will be published in the Federal Register tomorrow, and Belviq can be sold 30 days after.

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