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FDA approves Farxiga

  • The FDA approves AstraZeneca (AZN +0.3%) and Bristol-Myers Squibb's (BMY +1.2%) Farxiga (dapaglifozin).
  • The drug is intended to improve glycemic control in adults with Type 2 diabetes.
  • Farxiga isn't recommended for patients with active bladder cancer and the regulator is "requiring six post-marketing studies," including a CVOT.
  • FDA PR
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