US biotechnology major Genzyme says that the Food and Drug Administration has approved its product Renvela (sevelamer carbonate) for the control of serum phosphorus levels in patients receiving dialysis as a result of chronic kidney disease. The product, which is a next-generation version of the firm's market-leading phosphate binder Renagel, is scheduled to enter the US market early next year. In a separate statement, the Cambridge, Massachusetts-headquartered firm announced the European launch of its cholesterol-lowering product, Cholesagel (colesevelam HCl).
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