Obesity is a serious socioeconomic, and also increasingly clinical problem. Between -1 / 3 of population in the developed countries can be classified as obese. Four major etiological factors for development of obesity are genetic determinants, environmental fac tors, f ood i ntake a nd exercise. O besity i ncreases the risk of t he de velopment of v arious pathologic conditions including: insulin-resistant di abetes m ellitus, cardiovascular disease, non-alcoholic fatty l iver di sease, endocrine problems, and certain forms of cancer. Thus, obesity is a negative prognostic factor for longevity. In this review w e pr ovide br oad ove rview of pa thophysiology of obe sity w e a lso di scuss va rious a vailable, a nd e xperimental therapeutic methods. We also highlight functions of adipocytes including fat storing capacity and secretory activity resulting in numerous endocrine effects like leptin, IL-6, adiponectin, and resistin. The anti-obesity drugs are classified according to their primary action on energy balance. Major classes of these drugs are: appetite suppressants, inhibitors of fat absorption (i.e. orlistat), stimulators of thermogenesis and stimulators of fat mobilization. The appetite suppressants are further divided into noradrenergic agents, (i.e. phentermine, phendimetrazine, benzphetamine, diethylpropion), serotoninergic agents (i.e. dexfenfluramine), and mixed noradrenergic-serotoninergic agents (i.e. sibutramine). Thus, we highlight recent advances in the understanding of the central neural control of energy balance, current treatment strategies for obesity and the most promising targets for the development of novel anti-obesity drugs.