VNDA - What's Going On With Vanda Pharmaceuticals Shares Today? | Benzinga
Vanda Pharmaceuticals Inc. (NASDAQ:VNDA) shares are trading lower after Future Pak withdrew its proposal to purchase the company.
“Consistent with the position indicated in its June 13, 2024 letter to Vanda Pharmaceuticals, Future Pak LLC and its affiliates today announced that it is withdrawing its offer to acquire the company, effective immediately, and will focus on other strategic objectives,” according to a statement.
This decision follows Vanda’s ongoing lack of response and their rejection of Future ...