The US Food and Drug Administration on Monday approved Victoza (liraglutide) injection for the treatment of pediatric patients aged 10 years or older with type 2 diabetes, under a priority review evaluation.
GLP-1 receptor agonist Victoza, developed and marketed by Danish diabetes care giant Novo Nordisk (NOV: N), is the first non-insulin drug approved to treat type 2 diabetes in pediatric patients since metformin was approved for pediatric use in 2000.
Victoza has been approved to treat adult patients with type 2 diabetes since 20100 and, it is now the only non-insulin drug approved for children other than metformin, which was approved for pediatric use in 2000. In the first quarter of this year, the drug generated sales of around $850 million.
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