
The major players on the lucrative market for diabetes medicine face new competition from the first ever approved product in the newest class of drugs against type 2 diabetes – the so-called SGLT-2 drugs, as Astrazeneca and Bristol-Myers Squibb have had the pill Forxiga, which works independently of traditional insulin, approved for the European markets.
“We are excited about the approval of FORXIGA in Europe, and the significant advancement it represents for the many millions of European patients with type 2 diabetes who need new options to manage this progressive disease,” says Pascal Soriot, Chief Executive Officer, AstraZeneca, in a press release.
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