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Following the FDA 's rejection of Qnexa and lorcaserin, Orexigen (OREX) makes it three for...

Feb. 01, 2011 7:34 AM ETOrexigen Therapeutics, Inc. (OREX) StockPFE, VVUS, OREX, TKPHYBy: Stephen Simpson, SA News Editor

Following the FDA 's rejection of Qnexa and lorcaserin, Orexigen (OREX) makes it three for three, as the FDA issues a Complete Response Letter for Contrave, saying it wants another trial to rule out cardiovascular risk. After a halt, shares are down almost 70% premarket.

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Orexigen Therapeutics, Inc.