Byetta | Page 3 of 3

Novo’s Victoza Awaits Final FDA Approval

Novo Nordisk's CEO, Lars Sorensen, told Reuters at the Reuters Health Summit in New York that the new diabetes drug Victoza has reached the final decision stage at the U.S. FDA. Sorensen expects the drug will be approved, although "potentially all the outcomes are still possible...

Byetta Safety Label Revised

Today the FDA indicated that the safety label of Byetta would be modified to include potential kidney problems including possible kidney failure. According to the FDA website "From April 2005 through October 2008, the FDA received 78 reports of problems with kidney function in patients using Byetta." Seven million Byetta prescriptions were issued during this time, so this represents about 1 in 100,000 people being affected...

Takeda and Amylin to Co-develop Obesity Treatments

Amylin Pharmaceuticals, Inc. and Takeda Pharmaceuticals Company Limited announced an agreement to co-develop and commercialize pharmaceutical products for the treatment of obseity and related conditions. Amylin, whose top product, Byetta, had sales of $678.5 million last year. will receive a one-time up-front payment of $75 million from Takeda, the largest pharmaceutical