The US Food and Drug Administration approved Kombiglyze XR, a drug resulting from a 2007 collaboration between drug majors Anglo-Swedish firm AstraZeneca (LSE: AZN) and the USA’s Bristol-Myers Squibb (NYSE: BMY), for the treatment of type 2 diabetes in adults.
The companies state that Kombiglyze XR is the first and only once-a-day metformin extended-release (XR) plus saxagliptin, a dipeptidyl peptidase-4 (DPP-4) inhibitor combination tablet offering strong glycemic control across glycosylated hemoglobin levels (HbA1c), fasting plasma glucose (FPG) and post-prandial glucose (PPG). Saxagliptin is already marketed as Onglyza.
Competitive market
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