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FDA OKs CV risk reduction claim for Lilly and BI's diabetes med Jardiance

Dec. 02, 2016 1:26 PM ETEli Lilly and Company (LLY) StockNVO, LLYBy: Douglas W. House, SA News Editor10 Comments
  • The FDA approves Eli Lilly (LLY +2.8%) and development partner Boehringer Ingelheim's Jardiance (empagliflozin) to reduce the risk of cardiovascular (CV) death in adults with type 2 diabetes and CV disease.
  • The data supporting the new claim was generated in a large-scale post-marketing study involving more than 7,000 patients.
  • The approval is a big win for the companies considering the close Ad Comm vote (12 - 11 in favor) in June.
  • Novo Nordisk (NVO +0.7%) is close behind. It filed marketing applications in the US. and Europe in late October seeking approval of the same claim for Victoza (liraglutide).
  • Previously: FDA Ad Comm to review Boehringer Ingelheim's applications for CV risk claims for diabetes meds (June 27)

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