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By: Mike Huckman, Reporter | 22 Oct 2009 | 06:58 PM ET
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A new study shows that a diabetes treatment awaiting FDA approval may also work as a weight loss drug.

AP

Obese patients who took various doses of the one-a-day injectable Victoza from Novo Nordisk [NVO  Loading...      ()   ] lost between 10 and 14 pounds.

That compares to nine pounds shed by clinical trial participants who took the prescription diet pill Xenical from Roche [RHHBY  Loading...      ()   ], which is also sold without a prescription by GlaxoSmithKline [GSK  Loading...      ()   ] in lower doses under the brand name Alli. The results are in the new issue of the British medical journal "The Lancet."

In addition, three out of four patients who got Victoza lost at least 5 percent of their body weight. And it cut the prevalence of so-called prediabetes by 84-96 percent.

The FDA is deciding whether to approve Victoza as a diabetes treatment. It would compete with a similar drug Byetta from Eli Lilly [LLY  Loading...      ()   ] and Amylin Pharmaceuticals [AMLN  Loading...      ()   ].

Researchers say longer-term studies need to be done on Victoza in the obese population, but this study shows its potential as an "important" treatment for obese prediabetics.

A Novo spokesperson did not provide a comment on the study.

© 2009 CNBC.com
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