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Jeremy Thurman
Jeremy Thurman
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Diabetes Drug Warning

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A warning from U.S. regulators linking GlaxoSmithKline Plc’s diabetes drug Avandia to rare cases of swelling in the back of the eye is unlikely to have a major impact on sales, analysts said on Friday.

The Food and Drug Administration highlighted the problem in a notice late on Thursday after the drug maker said it had received “very rare” reports of the swelling, known as macular oedema, in patients taking Avandia.

The warning also applies to Avandamet, a combination product containing the same active ingredient, and Avandaryl, which will be available later in January.