FDA to Review Certain Diabetes Drugs Over New Pancreas Concern (BMY) (LLY) (MRK)
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The FDA is reviewing data on a certain class of diabetes drugs which it says might lead to precancerous changes in the pancreas.
The WSJ notes today that drugs may include Eli Lilly's (NYSE: LLY) Tradjenta, Merck's (NYSE: MCK) Januvia, Novo Nordisk's (NYSE: NVO) Victoza, and Bristol-Myers Squibb's (NYSE: BMY) Byetta.
Labels on the drugs warn of increased potential for pancreatitis, which is the inflamation of the pancreas. The precancerous changes are new, hence the review on the drugs and labeling.
The FDA has not drawn any conclusions yet.
Shares are mixed in late trading.
The WSJ notes today that drugs may include Eli Lilly's (NYSE: LLY) Tradjenta, Merck's (NYSE: MCK) Januvia, Novo Nordisk's (NYSE: NVO) Victoza, and Bristol-Myers Squibb's (NYSE: BMY) Byetta.
Labels on the drugs warn of increased potential for pancreatitis, which is the inflamation of the pancreas. The precancerous changes are new, hence the review on the drugs and labeling.
The FDA has not drawn any conclusions yet.
Shares are mixed in late trading.
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