Mitsubishi Tanabe to sell Lilly's tirzepatide in Japan
Japanese drugmaker Mitsubishi Tanabe Pharma (TYO: 4508) is to sell US pharma major Eli Lilly’s (NYSE: LLY) diabetes drug tirzepatide in Japan following an agreement between the companies.
Tirzepatide is a novel once-weekly glucose-dependent insulinotropic polypeptide (GIP) and glucagon-like peptide-1 (GLP-1) receptor agonist that integrates the actions of the GIP and GLP-1 in-cretins into a single molecule. It represents a new class of medicines being developed for the treatment of type 2 diabetes.
In the USA, tirzepatide won approval from the Food and Drug Administration in May of this year as an adjunct to diet and exercise to improve glycemic control in adults with type 2 diabetes. It is sold under the brand name Mounjaro.
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