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Arena Pharmaceuticals to Receive $100 Million from Deerfield Management
Date:6/17/2009

armaceuticals(R) and Arena(R) are registered service marks of the company. "APD" is an abbreviation for Arena Pharmaceuticals Development.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements include statements about the funding arrangement, credit facility and other agreements with Deerfield, the expected funding and related actions thereunder; the anticipated completion of the lorcaserin Phase 3 pivotal program and its NDA submission; Arena's financial position; plans for partnering discussions for lorcaserin and earlier-stage drug candidates; the safety and other potential of lorcaserin; and about Arena's strategy, potential, value, internal and partnered programs, and ability to develop compounds and commercialize drugs. For such statements, Arena claims the protection of the Private Securities Litigation Reform Act of 1995. Actual events or results may differ materially from Arena's expectations. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to: the risk that the funding may not be completed when expected, or at all; Arena's ability to obtain additional funds; the timing, success and cost of Arena's lorcaserin program and other of its research and development programs; results of clinical trials or preclinical studies may not be predictive of future results; the risk that lorcaserin may not be deemed adequately safe; clinical trials and studies may not proceed at the time or in the manner Arena expects or at all; Arena's ability to partner lorcaserin or other of its compounds or programs; the timing and ability of Arena to receive regulatory approval for its drug candidates; Arena's ability to obtain and defend its patents; and the timing and receipt of payments and fees, if any, from Arena's collaborators. Addition
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SOURCE Arena Pharmaceuticals, Inc.
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