Danish pharma company on cusp of international success – The Post

Danish pharma company on cusp of international success

Diabetes drug could be headed to the US

Danish pharma company headed for the big time (photo; Sanofil)
March 1st, 2016 1:59 pm| by Ray W
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Danish pharmaceutical company Danske Zealand Pharma has taken a major step in capitalising on its diabetes product Lyxumia.

The Glostrup-based firm and its partner Sanofi has received approval for a US application for the composite product Lixilan.

Lixilan is a mixture of Danske Zealand Pharma’s Lyxumia and the world’s best-selling insulin, Lantus Sanofios.

Now that the application has been officially processed, the company will find out in August if its product has been approved.

“The US approval of the application is an important milestone in the regulatory process for this new type of diabetes drug,” said Danske Zealand Pharma head Britt Meelby Jensen.

Profitable combination
Lyxumia is a GLP-1 analog that acts by stimulating the pancreatic production of insulin. It is the same type of product as Novo Nordisk’s Victoza, which earned 18 billion kroner in 2015.

Lyxumia as a single agent earned Dansk Zealand Pharma 21 million kroner in royalties in the first nine months of 2015.

READ MORE: Danish diabetes treatment among the best in Europe

The combination product Lixilan could help to considerably increase sales of Lyxumia.