Canagliflozin is the first in a new class of drug, an oral inhibitor of sodium glucose contransporter 2 that reduces the absorption of glucose in the kidney resulting in increased glucose secretion.
*English translation: It will lower sugar levels and aid in weight loss.
The article doesn't cite the clinical studies, so it's hard to say how significant weight loss or glucose drops will be, but from a safety perspective there is no risk of hypoglycemia, which is a major selling point in the diabetes market space
Dapafliglozin, which was approved and has been marketed in Europe for over two years now, did not receive FDA approval last year in the U.S. due to a cancer signal, or I would most likely be marketing it today. Canagliflozin does not appear to share that risk, hence its early US approval. There are several other in class agents waiting for approval, so it will be interesting to see how successful Canafliglozin will be in it's launch mode while they have no direct competition. Let the games begin!
To read more:
First in Class Diabetes Drug