Orexigen obtains patent for treatment of insulin resistance
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With existing patents for NB32 in the weight loss arena, the manufacturer announced its newest patent in the role of treating insulin resistance.
“As we ready NB32 for commercialization and plan for lifecycle development, the issuance of this patent adds to our growing intellectual property portfolio and, we believe, enhances the value of the asset,” Michael Narachi, CEO of Orexigen, said in a press release.
Like the existing patents, which Orexigen refers to as the Weber/Cowley patents, this patent for treating insulin resistance will expire in 2024. The company holds similar patents in Europe and has submitted one for insulin resistance as well.
In previous studies, the drug has shown favorable outcomes in weight loss and glycemic control and is forecasted to receive FDA approval on September 11.
Earlier this summer, the European regulating body issued its List of Outstanding Issues, delaying final approval.
For more information:
Naltrexone/bupropion interim data yield favorable CV outcomes
Orexigen Expands NB32 Intellectual Property Portfolio With New U.S. Patent