Novo Nordisk expresses optimism on diabetes drug

11/16/2007 | Reuters

Novo Nordisk expressed confidence that its Type 2 diabetes drug liraglutide is as effective as Eli Lilly & Co.'s Byetta drug in treating the disease. The company is planning to bolster its U.S. sales force to promote its drug to general practitioners -- a move that could give the firm a competitive advantage over a long-acting version of Byetta, a Novo Nordisk official said at a health summit.

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