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Orexigen Sinks Despite Contrave Efficacy in Phase III Obesity Trial

By Jennifer Boggs


Monday, January 12, 2009

No Abstract

 

Assistant Managing Editor

Orexigen Therapeutics Inc.'s Contrave hit its endpoints in the first of four Phase III studies, but concerns that the data missed the FDA's benchmark for efficacy in obesity sent shares of the San Diego-based company falling 15.7 percent.

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