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Company: CV Therapeutics (CVTX)
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  Ranexa receives front line approval and updated labelling

The loss is narrowing and Ranexa revenues continue to show strong growth. Simplistically, if Ranexa sales grow 15% sequentially, they should hit profitability around Q3 2009. They achieved 19% this quarter and over the last eight quarters have averaged 18% sequential growth in Ranexa sales. With the label expansion and European sales which received approval in August 15% sequential growth should be attainable. But wait, there is more...CVTX are not a one trick pony. Management have been making great moves all year and have earnt my respect.

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