Orexigen Therapeutics (OREX) Misses Q2 EPS by 1c

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Piper Jaffray Lifts PT on Orexigen (OREX) to $21 Following Q2 Results, Says Contrave Gaining Traction

August 6, 2015 10:58 AM EDT

Piper Jaffray analyst Charles Duncan reiterated an Overweight rating and raised his price target on Orexigen Therapeutics (NASDAQ: OREX) to $21.00 (from $17.00), noting Contrave is gaining traction, with clouds clearing on commercial efforts.

Duncan commented, "Orexigen reported cash of $76.1M and 2Q15 US sales of Contrave at... More

Orexigen Therapeutics (OREX),Kwang Dong Pharmaceutical Enter Distribution Agreement

August 6, 2015 7:00 AM EDT

Orexigen Therapeutics (NASDAQ: OREX) announced that wholly-owned subsidiary Orexigen Therapeutics Ireland Ltd. and Kwang Dong Pharmaceutical Company, Ltd. have executed a distributorship agreement for South Korea for Contrave® (naltrexone HCl / bupropion HCl extended release) monotherapy for weight management in overweight or obese adult... More

Orexigen Therapeutics (OREX), Takeda Enter Amended, Restated Agreement; Resolves All Disputes

August 6, 2015 6:59 AM EDT

Orexigen Therapeutics (NASDAQ: OREX) and Takeda Pharmaceutical Company Limited announced execution of an amended and restated collaboration agreement that resolves all outstanding disputes between the companies and aligns the partnership for the continued long-term success of CONTRAVE.

"CONTRAVE has quickly established itself as the... More