OTCPK:OREXQ - Post by User
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insiderinfocanon Dec 07, 2010 5:05pm
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First Prescription Diet Pill in a Decade
First Prescription Diet Pill in a DecadeCan't wait for the halt to be over.
Orexigen Wins Panel's Backing for First Prescription Diet Pill in a Decade
By Catherine Larkin - Dec 7, 2010 1:21 PM PT
Orexigen Therapeutics Inc. won a U.S. panel’s backing for Contrave, a new prescription diet pill.
Contrave’s benefits in helping obese people lose weight are greater than the drug’s potential long-term risks, outside advisers to the Food and Drug Administration said today in a 13- 7 vote at the agency’s headquarters in Silver Spring, Maryland. The panel earlier said a study of Contrave’s heart risks should be done after approval. The FDA usually follows its advisers’ recommendations and is scheduled to make a decision on approval by Jan. 31.