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Orexigen(R) Therapeutics Announces Second Quarter 2009 Financial Results
Date:8/6/2009

ng compared to placebo.
  • Contrave was generally well tolerated by patients across the COR Phase 3 program. The COR program data continue to be analyzed and compiled for submission to relevant scientific conferences, peer-reviewed journals and regulatory agencies.
  • These results build on the positive results of the COR-BMOD (NB-302) trial announced in January 2009. The results from the successfully completed COR program of more than 4,500 patients exceed the FDA categorical efficacy benchmark for clinically significant weight loss, supporting the Company's plan to file a New Drug Application with the US FDA in the first half of 2010.

    Empatic(TM)

    Orexigen has recently completed treating patients in a Phase 2b clinical trial of Empatic, ZB-202. The Company expects the results of this clinical trial to be announced in the second half of 2009. The trial is designed to build on the results from the previous Phase 2b trial of Empatic, ZB-201. In the current trial, which measures weight loss after 24 weeks of treatment, two different dosages of the Empatic combination are being studied along with the individual constituents. If approved, Empatic may complement the Contrave profile and allow Orexigen to offer obesity treatments to a broader range of patients.

    Corporate

    The Company made several key additions to its leadership team during the quarter, including:

    • Michael Narachi as President and Chief Executive Officer. Throughout his 20 years at Amgen, Mike held various positions including Product Development Team Leader for Neupogen as well as Vice President and General Manager of Amgen's Anemia Business. He is also a director of AMAG Pharmaceuticals, Inc.
    • Michael Scaife, Ph.D. as Senior Vice President of Regulatory Affairs and Product Development, Contrave Program. Dr. Scaife has previously served as Senior V
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    SOURCE Orexigen Therapeutics, Inc.
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