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GlaxoSmith sells second diabetes drug banned by European Union
Business News, September 24th, September 24th, the European Union will take a delisting measure against GlaxoSmithKline's Diabetes drug Avandia, and the US authorities are concerned about the risk of heart attack. , Strictly limit its sales. This basically determines the commercial fate of this once profitable drug.
Avandia was once the drug of choice for the treatment of diabetes and was the second-largest drug sold by Glaxo. This ruling will resolve the three-year fierce debate surrounding the safety of Avandia, a controversy for the medical industry. Both Glaxo and Glaxo's reputation have had a bad influence, and officials of the US Food and Drug Administration hold different views on this drug.
The EU and U.S. initiatives will clear the market share for newer diabetes drugs. Analysts said that Januvia of MErck & Co, PLC of AstraZeneca and OnGLyza of Bristol-Myers Squibb will benefit, and their sales are most likely to increase.