Larger photo: Arena Pharmaceuticals Amit Munshi orchestrated the company’s comeback after exiting the weight-loss business. Inset photo: Neurocrine CEO Kevin Gorman took the reins in 2008. Since then, the company rebounded. Photos courtesy of Jamie Scott Lytle.

Larger photo: Arena Pharmaceuticals Amit Munshi orchestrated the company’s comeback after exiting the weight-loss business. Inset photo: Neurocrine CEO Kevin Gorman took the reins in 2008. Since then, the company rebounded. Photos courtesy of Jamie Scott Lytle.

Neurocrine Biosciences seemed destined to be a rise-and-fall story...

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