Sanofi's new diabetes drug approved in Europe

29 April 2015

French drug major Sanofi (Euronext: SAN) has been granted marketing authorization in Europe for Toujeo (insulin glargine [rDNA origin] injection, 300 U/mL) by the European Commission.

The US Food and Drug Administration approved Toujeo in February, based on evidence that it had similar blood glucose control properties as Lantus (insulin glargine). Analysts have predicted that Toujeo revenue will reach $131 million this year, rising to $1.3 billion by 2020.

Clinical backing

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