Pharmaceutical companies will struggle to profit from the cardiovascular disease (CVD) market over the next decade despite growing drug usage, according to Datamonitor, which predicted that the CVD pharmaceutical market will grow from $99 billion in 2008 to $107 billion in 2018.
The FDA has approved Bristol-Myers Squibb (BMS) and AstraZeneca's Onglyza (saxagliptin), a dipeptidyl peptidase-4 (DPP4) inhibitor, indicated as an adjunct to diet and exercise to improve glycemic control in adults for the treatment of type 2 diabetes mellitus.
The FDA's Endocrinologic and Metabolic Drugs Advisory Committee has voted in favor of the new drug application for Onglyza from Bristol-Myers Squibb (BMS) and Astrazeneca to treat adults with type 2 diabetes, stating that the data were sufficient to rule out unacceptable cardiovascular risk relative to comparators in the program.
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The European Commission has granted marketing authorization for Onglyza (saxagliptin) from Bristol-Myers Squibb (BMS) and AstraZeneca to treat type 2 diabetes.
The FDA has extended the timeline to review Bristol-Myers Squibb and AstraZeneca's new drug application (NDA) for Onglyza for the treatment of type 2 diabetes.
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