The Hyderabad-based pharmaceutical company, Lee Pharma, has recently released a statement which says that Saxagliptin hydrochloride is the most effective substitute for insulin injectables for the treatment of Type-2 diabetes.
The statement was made while Lee Pharma said that the multinational company AstraZeneca, which it applied to for the patented diabetes medication Saxagliptin hydrochloride, was unable to keep up with the demand for the patented medicine. According to reports, Lee Pharma, which is a Rs. 200 crore drug company, filed an application back in June with the Controller of Patents in Mumbai seeking the license which is compulsory for the use of Saxagliptin hydrochloride.
Lee Pharma said the reason for filing the application and the growing need for Saxagliptin hydrochloride is that the population of Type-2 diabetes in India is currently around 60 million, and there were only four key anti-diabetes medications being used with Saxagliptin hydrochloride being one of them. The spokesperson from Lee Pharma also added that if one million patients were to be prescribed Saxagliptin, it would require the manufacturer to roll out around 365 million tablets each year to keep up with the demand. Currently, Lee Pharma has three major manufacturing units in Visakhapatnam and Hyderabad. The anti-diabetic medication they manufacturer is sold both locally and is also exported to 48 countries around the world.
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General Drug Facts
Saxagliptin hydrochloride is a dipeptidyl peptidase-4 (DPP-4) inhibitor which is commonly used for the treatment of Type-2 diabetes. It works by increasing insulin levels that are released by your body, while decreasing the amount of sugar made by the natural process in a person’s body. The drug is usually used alongside a proper diet and exercise. Saxagliptin hydrochloride can be used alone and along with other medication.
General Disease Facts
Type-2 diabetes is a chronic disease in which a person has a high level of sugar in their blood. Type-2 diabetes is one of the most common forms of diabetes and effects more people worldwide than Type-1 diabetes. Type-2 diabetes can also develop in those people who are underweight, although it usually occurs in the elderly.
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