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  2. Share Prices
  3. Astrazeneca Share Price
  4. Astrazeneca Share News
  5. US FDA Approves AstraZeneca Type 2 Diabetes Treatment Xigduo XR

Pin to quick picksAstrazeneca Share News (AZN)

Astrazeneca Information

Share Price Information for Astrazeneca (AZN)

London Stock Exchange
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Share Price: 12,426.00
Bid: 12,424.00
Ask: 12,428.00
Change: 330.00 (2.73%)
Spread: 4.00 (0.032%)
Open: 12,150.00
High: 12,428.00
Low: 12,134.00
Prev. Close: 12,096.00
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US FDA Approves AstraZeneca Type 2 Diabetes Treatment Xigduo XR

Thu, 30th Oct 2014 07:23

LONDON (Alliance News) - AstraZeneca PLC Thursday said the US Food and Drug Administration has approved its once-daily XIGDUO XR drug for the treatment of adults with type 2 diabetes.

XIGDUO XR is already approved in Australia for the treatment of adults with type 2 diabetes, along with diet and exercise. XIGDUO, meanwhile, is approved in the European Union.

XIGDUO XR combines two anti-hyperglycaemic agents with complementary mechanisms of action: dapagliflozin, an inhibitor of sodium-glucose cotransporter, and metformin hydrochloride extended-release, a biguanide, in a once-daily oral tablet. Sodium-glucose cotransporter 2 inhibitors are a relatively new class of medicines that remove glucose from the body via the kidneys.

By Steve McGrath; stevemcgrath@alliancenews.com; @stevemcgrath1

Copyright 2014 Alliance News Limited. All Rights Reserved.

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