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Vanda Pharmaceuticals Reports Second Quarter 2014 Results
Date:8/7/2014

well as in patients with Smith-Magenis syndrome.

The VLY-686, NK1 antagonist, Phase 2 study in chronic pruritus is ongoing and results are expected in mid-2015.  

2014 FINANCIAL GUIDANCETotal 2014 operating expenses are expected to be between $110.0 and $120.0 million.  This includes intangible asset amortization expense of $2.3 million and $6.0 to $8.0 million of non-cash stock based compensation.

Full HETLIOZ® Prescribing Information can be found at: www.hetlioz.com

CONFERENCE CALLVanda has scheduled a conference call for today, Thursday, August 7, 2014, at 10:00 AM ET.  During the call, Vanda's management will discuss the second quarter 2014 financial results and other corporate activities.  Investors can call 1-800-708-4540 (domestic) and 1-847-619-6397 (international) and use passcode 37729521.  A replay of the call will be available beginning Thursday, August 7, 2014 at 12:30 PM ET and will be accessible until Thursday, August 14, 2014, at 11:59 PM ET.  The replay call-in number is 1-888-843-7419 for domestic callers and 1-630-652-3042 for international callers.  The access number is 37729521.

The conference call will be broadcast simultaneously on Vanda's website, www.vandapharma.com.  Investors should click on the Investor Relations tab and are advised to go to the website at least 15 minutes early to register, download, and install any necessary software or presentations.  The call will also be archived on Vanda's website for a period of 30 days.

ABOUT VANDA PHARMACEUTICALS INC.:Vanda Pharmaceuticals Inc. is a biopharmaceutical company focused on the development and commercialization of products for the treatment of central nervous system disorders.  For more on Vanda, please visit www.vandapharma.com.

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