AstraZeneca gets European regulatory nod for oral diabetes treatment

Writer, Stock Market Wire
Friday, February 1, 2019 - 13:59

AstraZeneca said European regulators had offered a positive opinion for the oral use of its treatment for type-one diabetes.

The Committee for Medicinal Products for Human Use of the European Medicines Agency had also recommended a new indication for the marketing authorisation of the treatment, Forxiga. Forxiga was the first oral medicine to receive a positive recommendation from the EMA for use in type-one diabetes as an adjunct to insulin, when insulin alone did not provide adequate glycaemic control.

'People with type-one diabetes have not seen oral treatment innovation in decades and we believe today's announcement signals an important advancement for them, as well as a broader understanding of the well-established clinical profile of Forxiga for people living with metabolic diseases,' head of cardiovascular, renal and metabolism Elisabeth Bjork said.

At 1:59pm: (LON:AZN) AstraZeneca PLC share price was +33.5p at 5565.5p

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