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Defeat Diabetes Foundation

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Novo’s Inhaled Insulin Is Pulled From Further Research

Posted: Wednesday, May 05, 2004

Inhaled form of insulin fails to reach test goals, so Novo Nordisk A/S is pulling the plug.

Shares fell as much as 37 percent. The AERx iDMS pulmonary-insulin treatment failed to reach goals of the study in Type-1 diabetics, which account for 5 percent to 10 percent of all diabetic patients in the United States. The trial was the final of three phases required for U.S. approval, Aradigm said Friday. Diabetes is a disease in which the body doesn't produce or properly use insulin, a hormone needed to convert sugar and food into energy.

Source: Diabetes In Control