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Byline: Diedtra Henderson
Oct. 18--WASHINGTON -- The Food and Drug Administration yesterday approved a novel once-a-day pill to treat Type 2 diabetes that lowers blood sugar levels without causing weight gain. The FDA said the drug, called Januvia, is "important" because 70 percent of diabetes patients cannot adequately control their blood sugar using existing treatments.
Januvia is expected to become a billion-dollar blockbuster treatment for its maker, Merck & Co., and will be priced at $4.86 per tablet. Newly diagnosed patients can use the drug on its own, along with diet and exercise, to control blood sugar levels. And because it doesn't cause severe side effects when used in combination with popular diabetes drugs already on the market, Januvia also can be used by those whose disease is more advanced and requires more medicines.
The drug leverages the body's natural ability to control blood sugar by producing…