New data presented Sunday at the Pediatric Endocrine Society (PES)/Pediatric Academic Societies (PAS) Annual Meeting in Baltimore, Maryland, on Victoza (liraglutide) give new hope for children with type 2 diabetes
Danish diabetes care giant Novo Nordisk (NOV: N) announced the results from the ELLIPSE trial which examined efficacy and safety and demonstrated superiority of Victoza injection 1.8mg versus placebo in reducing blood sugar in children and adolescents aged 10-17 with type 2 diabetes.
Victoza is already Novo Nordisk’s best-selling product, with sales of 24.3 billion kroner ($3.69 billion) in 2018. The findings could lead to the first new treatment option in 20 years for children and teens who have type 2 diabetes. The company’s shares were up 1.15% at 331.25 Danish kroner by late morning trading today.
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