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Orexigen Therapeutics Announces European Filing Strategy and Reports Business and Financial Results for the Second Quarter Ended June 30, 2013

ip for Empatic on acceptable terms, if at all; and other risks described in Orexigen's filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and Orexigen undertakes no obligation to revise or update this news release to reflect events or circumstances after the date hereof. Further information regarding these and other risks is included under the heading "Risk Factors" in Orexigen's Annual Report on Form 10-K filed with the Securities and Exchange Commission March 14, 2013 and its other reports, which are available from the SEC's website ( and on Orexigen's website ( under the heading "Investor Relations." All forward-looking statements are qualified in their entirety by this cautionary statement. This caution is made under the safe harbor provisions of Section 21E of the Private Securities Litigation Reform Act of 1995. Orexigen Contact:

Media Contact:  McDavid Stilwell

Denise PowellVP, Corporate Communications and Business Development

BrewLife(858) 875-8629

(510) 703-9491 

Orexigen Therapeutics, Inc. Balance Sheets (In thousands, except share and par value amounts)June 30December 31,20132012(Unaudited)AssetsCurrent assets:Cash and cash equivalents 

78,332Investment securities, available-for-sale 

40,17859,071Prepaid expenses and other current assets 

2,9851,491Total current assets 

98,976138,894Property and equipment, net 

483Restricted cash 

177177Total assets 

39,154Liabilities and stockholders' equity Current liabilities:Accounts payable and accrued expenses 

8,156Accrued clinical trial expenses


SOURCE Orexigen Therapeutics, Inc.
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