Apr 23

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Blog Post: Investors, Pernix Set $75M Stalking Horse Bid For Orexigen

by Anonymous

The bankrupt obesity-drug maker Orexigen Therapeutics Inc. on Monday said it will likely sell its business to Nalpropion Pharmaceuticals, which was just formed by an investor group and Pernix Therapeutics Holdings Inc., for a $75 million stalking horse bid.
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