Skip to main content

Diet Drug Contrave (Orexigen) Approved By FDA

Diet Drug Contrave (Orexigen) Approved By FDA - A Food and Drug Administration panel voted 13-7 to recommend approval for Orexigen Therapeutics'(OREX_) weight loss drug, Contrave, setting the stage for Contrave to be the first new diet drug approved by the FDA in a decade.

TheStreet's Adam Feuerstein has been live blogging the Orexigen vote, during which the FDA panel decided that the potential benefits outweigh the drug's risks.
>>Orexigen Therapeutics FDA Panel Live Blog
Sales of the weight-loss drug could surpass $1 billion annually if approved by the FDA, according to market estimates. While the FDA doesn't need to follow the recommendation of the expert panel, the FDA often does follow an advisory panel's lead in recommending a drug for approval. A final FDA decision on Orexigen's Contrave is expected by the end of January.

In October, the FDA rejected two diet drugs, Arena Pharmaceuticals'(ARNA_) lorcaserin and Vivus'(VVUS_) Qnexa. Arena's drug was rejected based on cancer risks, and Vivus was asked by the FDA for more information on potential for heart attack.

Shares of Arena and Vivus spiked in the after-hours session on Tuesday after the FDA panel vote on Orexigen.

Diet Drug Contrave (Orexigen) Approved By FDA


Popular posts from this blog

Work-Related Personal Development Plans

Work-Related Personal Development Plans - Personal development refers to activities that improve self-knowledge and identity, develop talents and potential, build human capital and employability, enhance quality of life and contribute to the realization of dreams and aspirations. The concept is not limited to self-development but includes formal and informal activities for developing others, in roles such as teacher, guide, counselor, manager, coach, or mentor. Finally, as personal development takes place in the context of institutions, it refers to the methods, programs, tools, techniques, and assessment systems that support human development at the individual level in organizations.

At the level of the individual, personal development includes the following activities:

* improving self-awareness
* improving self-knowledge
* building or renewing identity
* developing strengths or talents
* identifying or improving potential
* building employability or human ca…

Urban Meyer Stepping Down

Urban Meyer Stepping Down - Well, it appears as if it’s deja vu all over again.

Less than 12 months after retiring and then un-retiring, Urban Meyer is apparently stepping down as Florida’s head coach. There’s no word on if he will be stepping back up tomorrow.

Urban Meyer Stepping Down

According to Todd Wright of Sporting News radio, and AOL Fanhouse‘s Brett McMurphy Meyer will announce at a 5 p.m. ET press conference Wednesday that he is resigning/retiring as the Gators’ head coach. There are no further details available at this time, other than GatorUpdates reporting over the weekend that Meyer checked into a hospital the week of the UGA game and has been undergoing tests since.

Obviously, we’ll have more on this story throughout the day and well into the night…

Urban Meyer Stepping Down

Matt Cassel Undergoes Appendectomy

Matt Cassel Undergoes Appendectomy - The mystery of Matt Cassel missing practice Wednesday coupled with the Kansas City Chiefs promoting quarterback Tyler Palko has been solved.

The team has announced that Cassel underwent an appendectomy on Wednesday morning. The Chiefs say they expect Cassel to return to work this week. Returning to work and being ready to perform well in the team’s biggest game of the season on Sunday against San Diego are two different things. ESPN’s Adam Schefter is reporting the Chiefs are viewing Cassel as being questionable to play in the game.

Clearly, this is terrible timing. The Chiefs are 8-4 and would take a major step toward the playoffs with a win over the Chargers. Cassel has played very well for the past two months. If he can’t play, the brittle Brodie Croyle would face the Chiefs in his first action of the season. Croyle last played in Week 13 of the 2009 season.

Matt Cassel Undergoes Appendectomy

Cassel’s availability will come down to whether he…