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Daiichi Sankyo says FDA OKs Welchol for diabetes treatment

Fri Jan 18, 2008 4:24pm EST

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Jan 18 (Reuters) - Daiichi Sankyo Inc, the U.S. subsidiary of Japan's Daiichi Sankyo Co Ltd (4568.T), said U.S. health regulators approved its cholesterol drug Welchol to reduce blood glucose in adults with type 2 diabetes.

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Welchol is now the first and only medication approved to reduce both glucose and cholesterol levels, the company said in a statement. (Reporting by Jennifer Robin Raj in Bangalore; Editing by Deepak Kannan)



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