By Anthony O. Goriainoff

 

AstraZeneca PLC said Wednesday that its heart-failure treatment Farxiga has been approved in the U.S. by the Food and Drug Administration.

The U.K. pharmaceutical giant said Farxiga has been approved to reduce the risk of cardiovascular death and hospitalization for heart failure in adults with heart failure with reduced ejection fraction with and without type-2 diabetes.

The decision follows the priority review designation granted by the FDA earlier in 2020 and the fast-track designation granted September 2019.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

May 06, 2020 02:27 ET (06:27 GMT)

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