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FDA tentatively OKs Sanofi's fast-acting insulin Admelog; shares up 1%; Lilly down 2%

Published 09/01/2017, 03:01 PM
© Reuters.  FDA tentatively OKs Sanofi's fast-acting insulin Admelog; shares up 1%; Lilly down 2%
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  • The FDA tentatively approves Sanofi (PA:SASY)'s (SNY +0.8%) rapid-acting human insulin analog Admelog (insulin lispro injection) 100 Units/mL for glycemic control in adults and children with diabetes mellitus.
  • The tentative approval was based on Admelog's chemical and clinical similarity to Eli Lilly's (LLY -1.7%) Humalog.
  • Tentative approval means the data in the marketing application was complete enough to qualify for approval but patent issues need to be resolved.
  • The European Commission approved the product in July under the trade name Insulin lispro Sanofi.
  • Now read: Eli Lilly Offers Consistent Dividends, But Stock Shows Uneven Performance


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