The European Commission has approved an update to the Victoza (liraglutide) label in the European Union that expands the indication to reflect both improving blood sugar and cardiovascular (CV) events as integral parts of type 2 diabetes treatment.
This makes Danish diabetes care giant Novo Nordisk’s (NOV: N) Victoza the only GLP-1 that is proven to prevent CV events in people with type 2 diabetes and high CV risk.
The drug is one of the company’s best sellers and Victoza sales last year rose 12% to 20 billion Danish kroner ($3.13 billion). However, it is starting to come under pressure from Eli Lilly & Co’s (NYSE: ELY) product Trulicity (dulaglutide), a weekly injection. The new indication should give Victoza a competitive edge.
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