Orexigen Therapeutics (OREX) Misses Q2 EPS by 26c

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Orexigen Therapeutics Reports Business and Financial Results for the Second Quarter Ended June 30, 2016

August 4, 2016 4:01 PM EDT

SAN DIEGO, Aug. 4, 2016 /PRNewswire/ -- Orexigen Therapeutics, Inc. (Nasdaq: OREX) today announced business and financial results for the second quarter ended June 30, 2016.

"Earlier this week we completed our acquisition of U.S. rights to Contrave®, transforming Orexigen into a fully integrated commercial pharmaceutical company focused on our mission to improve the health and lives of patients struggling to lose weight," said Mike Narachi, CEO of Orexigen.  "With the completion of this acquisition and the development of our independent commercialization capabilities over the past several months,... More