Meanwhile, regulars recently demanded more data before approving Neurocrine Biosciences ' (nasdaq: NBIX - news - people ) indiplon sleeping pill, prompting partner Pfizer (nyse: PFE - news - people ) to drop its deal with Neurocrine last week.
Arena was founded in San Diego by Lief, a veteran drug executive with experience at Abbott and Cephalon (nasdaq: CEPH - news - people ), and researchers Dominic Behan and Derek Chalmers, who had both left San Diego biotech Neurocrine Biosciences (nasdaq: NBIX - news - people ) to pursue novel ideas about drug development.