UPDATE 2-U.S. FDA panel: Novo Nordisk's liraglutide safe, effective for obesity

September 11, 2014 10:13 PM

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WASHINGTON, Sept 11 (Reuters) - Novo Nordisk's drug liraglutide is safe and effective enough to warrant approval for use in chronically obese patients with at least one weight-related health issue, an advisory panel to the U.S. Food and Drug Administration concluded on Thursday.

The panel voted 14 to 1 to recommend the drug, which is already approved to treat diabetes under the brand name Victoza. It would be sold under the name Saxenda if approved for obesity by the FDA. According to analysts, it could generate $1 billion in revenue for the company.

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