One of Eli Lilly's drugs, Trijardy XR, was approved by the FDA this week, and top-line results were announced from a Phase 3 clinical trial for another. Trijardy XR combines three type 2 diabetes medications into one pill that, combined with diet and exercise, lowers blood-sugar levels in adults. This combination of different diabetes medications marks an important advancement in the treatment of the disease.
Bio-Rad's clinical diagnostics segment revenues were up approximately 2 percent year over year in the quarter to $379.0 million. On a currency-neutral basis, the segment grew 3 percent due to growth in diabetes, quality controls, autoimmune, and blood typing products, as well as growth in Asia and the Americas.