Japanese approval for Forxiga and Lonsurf

24 March 2014

Anglo-Swedish drug major AstraZeneca (LSE: AZN) says that Japanese Ministry of Health, Labor and Welfare (MHLW) approved Forxiga (dapagliflozin in 5mg and 10mg tablets), a sodium-glucose co-transporter 2 (SGLT2) inhibitor, as a once-daily oral treatment for type 2 diabetes.

The Forxiga application was submitted to the MHLW by the local subsidiary of Bristol-Myers Squibb (NYSE: BMS). AstraZeneca and Japanese drugmaker Ono Pharmaceutical (TYO: 4528) entered into an agreement to co-promote Forxiga in December 2013.

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