Orexigen Therapeutics

Acquired

USA, United States · Founded 2004 · $30.0M raised

Headquarters
USA, California
Employees
51–200
Founded
2004
Business Model
B2B
Total Funding
$30.0M
Last Round
$30.0M Series CNov 2006
Rounds
2
Acquisition Date
Apr 2018

About

Orexigen Therapeutics was a La Jolla, California-based biopharmaceutical company focused on treatments for obesity. The company developed Contrave (naltrexone/bupropion extended-release), an FDA-approved prescription weight-loss medication. Orexigen filed for Chapter 11 bankruptcy in March 2018 and its assets were acquired by Nalpropion Pharmaceuticals.

Summary

Orexigen Therapeutics is a Biotech company based in USA, United States, founded in 2004. It has raised $30.0M in total across 2 rounds, most recently a $30.0M Series C round in Nov 2006. Investors include New Enterprise Associates, MPM BioEquities and Wasatch Ventures.

Funding History

AcquisitionApr 2018

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Secondary Market through Acquisition — per-round amounts, valuations, and who invested in each round.

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