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Published on 12/3/2009 in the Prospect News Special Situations Daily.

Orexigen Therapeutics investor buys 650,000 shares for 7.5% interest

By Lisa Kerner

Charlotte, N.C., Dec. 3 - A group of Orexigen Therapeutics, Inc. shareholders led by Domain Partners VII, LP bought 650,000 shares of the company's stock between Nov. 10 and Nov. 24 priced from $6.75 to $6.93 each, according to a schedule 13D/A filed with the Securities and Exchange Commission on Thursday.

Domain beneficially owns 3,543,832 shares, or 7.5%, of the San Diego biopharmaceutical company.


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