FDA Rejects Oral Treatment for Type 1 Diabetes

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FDA Rejects Oral Treatment for Type 1 Diabetes
France Dernières Nouvelles,France Actualités
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A proposed oral treatment for Type 1 diabetes in adults has been rejected in the U.S.

The rejection of what would have been the first oral treatment for Type 1 diabetes in the U.S. is a big setback for Lexicon Pharmaceuticals Inc.

, a small company based in a Houston suburb that currently has one product on the market and losses of nearly $1.5 billion as of Dec. 31. Lexicon is developing the treatment, which is called Zynquista, with French pharmaceutical giant Sanofi.

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