Orexigen Therapeutics (OREX) Misses Q4 EPS by 51c

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Orexigen Therapeutics Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2016

March 28, 2017 4:21 PM EDT

SAN DIEGO, March 28, 2017 /PRNewswire/ -- Orexigen Therapeutics, Inc. (Nasdaq: OREX) today announced business and financial results for the fourth quarter and year ended December 31, 2016.

"Last year was a year of transformational progress for Orexigen, beginning with the re-acquisition of the rights to Contrave® in the United States. Commencing early March, the team at Orexigen demonstrated remarkable focus, executing on a myriad of projects and deals which reshaped and strengthened our Company while rewarding us full control of our FDA approved product," said Mike Narachi, CEO of Orexigen. "Last year we built a... More