Zealand Pharma ZEAL ZLDPF President and CEO Dr. David Solomon details timeframes in the development of lixisenatide, a treatment for type-2 diabetes licensed to Sanofi SNY, in an exclusive video interview with PropThink.com.
"We've had a terrific partnership with [Sanofi] since 2003. They've advanced this through ten Phase III studies, 38 countries, 400 sites, and over 4300 patients , and we're very pleased to report that the results of all those ten trials have been positive to date," says Solomon.
Currently lead by Novo Nordisk's NVO Victoza and Amylin's AMLN exenatide products, lixisenatide sets itself apart in this growing GLP-1 market ($6B by 2017) with good glycemic control and weight-loss - often difficult for diabetes patients. They hope to market the treatment as a monotherapy and also as a combination product with leading global insulin Lantus.
Solomon says Zealand is also seeking partnerships for some of their 11 early-stage pipeline candidates. He discusses implications of the company's balance sheet and Zealand's financial outlook for the next few years as they focus on novel poly-pharmacological approaches to diabetes treatment.
Click here to view our video interview with Zealand Pharma President and CEO Dr. David Solomon.
About PropThink
PropThink is an intelligence service that delivers long and short trading ideas to investors in the healthcare and life sciences sectors. Our focus is on identifying and analyzing technically-complicated companies and equities that are grossly over or under-valued. We offer daily market coverage, weekly feature stories, and a newsletter to investors who subscribe on PropThink.com
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: PropThink via Thomson Reuters ONE
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.