Photo
Business Update

Reuters business newsletter, your daily business coverage.

Subscribe

Novo sees advantages vs Byetta LAR

Fri Nov 16, 2007 7:20am EST

Reporter's Notebook

[-] Text [+]

By Bill Berkrot

NEW YORK (Reuters) - Novo Nordisk A/S (NOVOb.CO: Quote, Profile, Research, Stock Buzz) said on Thursday it believes its experimental type 2 diabetes treatment will be as effective as the Eli Lilly and Co (LLY.N: Quote, Profile, Research, Stock Buzz) drug expected to be its main rival and may have advantages that will win over patients.

The Danish drugmaker is considering boosting its already large U.S. sales force to leverage a potential one-year head start that its drug, liraglutide, may have over the long-acting version of Lilly's Byetta, Novo's finance chief, Jesper Brandgaard, said at the Reuters Health Summit in New York.

The added sales muscle would also expand Novo's ability to promote the drug to general practitioners, Brandgaard said.

Based on available data, Wall Street analysts believe liraglutide has a clear advantage over the version of Byetta already on the market. How it will measure up against the long-acting version is the biggest question mark hanging over Novo's closely watched drug.

"We believe that the efficacy that you will see with Byetta LAR and from liraglutide are likely to be similar," Brandgaard said.

And the perceived advantage of once a week dosing with Byetta LAR versus daily injections with liraglutide may not be the competitive edge it appears, he said.

"Intuitively you think, that's convenience, once a week compared to daily," Brandgaard said.

But he said it may be easier from a patient compliance standpoint to inject the drug at the same time every day compared to remembering to take it once a week.  Continued...

 
Paper Aug 20 - 21, 2008 Manufacturing
Japan Investment Jul 01 - 2, 2008 Country Summits
Global Real Estate Jun 23 - 25, 2008 Real Estate
Consumer and Retail Jun 16 - 18, 2008 Consumer Retail
Investment Outlook Jun 09 - 12, 2008 Financial Services / Exchanges

What are Summits?

Reuters Summits are your direct link to top business leaders, investors and regulators. Our journalists interview heavyweights in a particular industry, spin out hard-hitting breaking news and sharp analysis that can often move markets. If you want to understand what the insiders are thinking, look for Reuters Summits.  Launch Full Video 

 

Stay connected. Get e-mailed alerts with schedules, speaker lists, and headlines from upcoming and live Industry Summits.