FDA approves Novo Nordisk's new combination therapy for type 2 diabetes

Plainsboro, N.J.-based Novo Nordisk recently earned Food and Drug Administration approval for its Type 2 diabetes treatment Xultophy.

Xultophy is a single, once-daily injection that combines Tresiba — an insulin degludec injection — and Victoza — a liraglutide injection. The drug, intended to help adults with type 2 diabetes achieve better glycemic control, represents a new class of diabetes treatments.

Novo Nordisk plans to launch Xultophy in the first half of 2017. The drugmaker said it would "work diligently" to ensure the drug is covered on health plans nationwide and will also offer a savings card to help patients lower insurance co-pays, according to a news release.

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