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Orexigen Therapeutics

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Orexigen Therapeutics
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Orexigen Therapeutics, Inc. is a public American pharmaceutical company focused on development of treatments for obesity.[1] The company is based in La Jolla, California and was established by Eckard Weber in 2002.[1] As a public company, Orexigen is publicly listed on the NASDAQ exchange under the stock symbol OREX.[1]

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The company has a single product, Contrave, approved for use in the United States in 2014.[2][3] Contrave was designed not only to curb hunger but also reduce cravings.[3] Observation of the market performance of Qsymia and Belviq suggest overall low demand for pharmaceutical obesity therapies, calling into question earnings potential for Orexigen's offering.[2][unreliable source?]

Orexigen declared bankruptcy in 2018 and was sold to Nalpropion.[4][5]

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