FDA approves Orexigen's weight-loss drug

September 11, 2014 1:29 PM

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FDA approves Orexigen's weight-loss drug

The U.S. Food and Drug Administration said it approved Orexigen Therapeutics Inc.'s weight-loss treatment Contrave, the third such drug to receive the agency's approval in recent years.

Contrave has been approved as a treatment for chronic weight management in addition to a reduced-calorie diet and physical activity, the FDA said Wednesday in a statement on its website.

Also read: FDA approves BioMarin rare metabolic disorder drug, shares rise

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