financetom
Business
financetom
/
Business
/
Novo Nordisk Once-Weekly Insulin Icodec Poses Hypoglycemia Risk, FDA Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Novo Nordisk Once-Weekly Insulin Icodec Poses Hypoglycemia Risk, FDA Says
May 22, 2024 11:04 AM

01:43 PM EDT, 05/22/2024 (MT Newswires) -- Novo Nordisk's ( NVO ) insulin icodec for diabetes patients has an increased risk of causing low blood sugar levels, the US Food and Drug Administration said in a briefing document.

"The highest risk period for hypoglycemia with insulin icodec coincides with its peak glucose-lowering effect which occurs on days 2 to 4 following each weekly injection," the report said, citing Onwards 6 trial. "There were also more hypoglycemia-related serious adverse events reported among patients randomized to insulin icodec compared to insulin degludec."

The document will be presented at the Endocrinologic and Metabolic Drugs Advisory Committee meeting Friday when it will consider Novo's application for the ultralong-acting basal insulin analogue. The committee will discuss whether icodec benefits outweigh its risks for the proposed indication to improve glycemic control in adult patients with diabetes mellitus.

In March, the European Medicines Agency's Committee for Medicinal Products for Human Use recommended marketing authorization for insulin icodec for treating diabetes in adult patients.

Novo did not immediately respond to MT Newswires' request for comment.

Price: 134.07, Change: -1.09, Percent Change: -0.81

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tellurian CEO steps down
Tellurian CEO steps down
Mar 18, 2024
March 18 (Reuters) - Tellurian said on Monday Octávio Simões has resigned as chief executive officer of the LNG developer, a fortnight after the company said it would not renew or extend the employment term of Simões beyond June 5. Simões resigned on March 15 and has transitioned to the role of senior commercial adviser, reporting to the president of...
Astera Labs seeks to raise $673.2 million in upsized US IPO
Astera Labs seeks to raise $673.2 million in upsized US IPO
Mar 18, 2024
March 18 (Reuters) - Chip firm Astera Labs said on Monday it was aiming to raise up to $673.2 million in an initial public offering in the United States. It said last week that it was aiming to raise $534 million in an IPO. ...
POET Technologies Narrows Q4 Loss, Revenue Falls
POET Technologies Narrows Q4 Loss, Revenue Falls
Mar 18, 2024
06:09 AM EDT, 03/18/2024 (MT Newswires) -- POET Technologies Inc. ( POET ) over the weekend said that it narrowed its fourth-quarter net loss to US$5.5 million ($7.4 million), or US$0.13 per share, from a loss of US$6.3 million, or US$0.17 per share, a year earlier. Revenue for the quarter ended Dec. 31, 2023, was US$107,551, down from US$199,559 a...
XPeng Reportedly Planning to Launch Line of Cheaper Electrical Vehicles
XPeng Reportedly Planning to Launch Line of Cheaper Electrical Vehicles
Mar 18, 2024
06:20 AM EDT, 03/18/2024 (MT Newswires) -- Xpeng ( XPEV ) has announced plans to launch a line of cheaper electrical vehicles under a different brand name, media outlets reported Saturday. The Chinese carmaker said it would launch the brand within the next month, with models priced from 100,000 renminbi ($13,892) to 150,000 renminbi, Chief Executive He Xiaopeng said at...
Copyright 2023-2026 - www.financetom.com All Rights Reserved