#5: Arena Pharmaceuticals
YTD Performance: +350%
As previously mentioned Orexigen (NASDAQ:OREX), obesity drug-makers have had a good go of it this year, and Arena Pharmaceuticals (NASDAQ:ARNA) is one of the highest fliers.
Earlier in 2012, Arena’s lorcaserin medication became the first new prescription weight-loss drug in more than a decade to win FDA final approval, tapping into a highly lucrative market.
Of course, Arena does other things, too. This clinical-stage biopharmaceutical company also is dabbling in cardiovascular, nervous system, inflammatory and metabolic disorders.
Comments are currently unavailable. Please check back soon.