Orexigen Therapeutics, Inc. (OREX) Reports In-Line Q2 Loss of 21c/Share

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BofA/Merrill Lynch Remains Bullish on Orexigen (OREX) Ahead of Sept PDUFA Amid Update; PT Trimmed to $10

August 7, 2014 3:38 PM EDT

Shares of Orexigen Therapeutics (NASDAQ: OREX) are modestly higher following encouraging comments from management about activities it is conducting ahead of the September 11thPDUFA for its weight loss drug NB32 (Contrave).

BofA/Merrill Lynch analyst Steve Byrne highlights that Orexigen has been working... More