Pipeline anti-diabetic drugs could challenge market-leaders, says Datamonitor
Pipeline anti-diabetic drugs, including products from US drug major Eli Lilly (NYSE: LLY) and French drug major Sanofi (Euronext: SAN), have “great potential,” according to independent analysts at Datamonitor Healthcare, following this year’s American Diabetes Association (ADA) meeting in Chicago.
Datamonitor said Lilly’s GLP-1 agonist dulaglutide has shown excellent efficacy – estimated to be on par with Danish insulin giant Novo Nordisk’s (NOV: N) market leader Victoza (liraglutide [rDNA origin] injection).
Additionally, it said dulaglutide is also more convenient to administer than its direct competitor, once-weekly Bydureon (exenatide extended-release), made by Lilly’s partner US biotech Amylin Pharmaceuticals (Nasdaq: AMLN), and it is expected to be worth more than $3 billion by 2023, outperforming Victoza.
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