French pharma major Sanofi (Euronext: SAN) is a step closer to the European market with its submission for sotagliflozin, an addition to insulin therapy to improve blood sugar control in adults with type 1 diabetes mellitus.
The European Medicines Agency (EMA) has accepted the company’s regulatory submission for the dual inhibitor of SGLT-1 and SGLT-2, proteins that influence how the intestines and kidneys process blood sugar.
It was developed in partnership with Lexicon Pharmaceuticals (Nasdaq: LXRX), with Sanofi paying the Texan biotech firm $300 million on the signing of the 2015 deal, and up to $1.2 billion in milestone payments.
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