BRUSSELS (Thomson Financial) - Belgian chemicals and pharmaceuticals group Solvay SA said a clinical study showed that its fenofibrate drug reduces the need for treatment for vision loss in patients with type 2 diabetes.
The study revealed that the drug reduced the need for laser therapy for diabetic eye disease by more than 30 pct.
In an additional study of around 1,000 patients with pre-existing eye disease, fenofibrate showed a reduction in the disease's progression.
Solvay said the study also showed that the drug "significantly decreased" the risk of non-traumatic amputations.
Solvay acquired fenofibrate through the acquisition of France's Fournier in 2005.
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