The study is being conducted to evaluate the efficacy and safety of IND068 once daily (QD) in subjects with type 2 diabetes not adequately controlled with one or two oral antidiabetics compared to insulin degludec QD for 16 weeks.

Inclusion Criteria:

• Informed consent obtained before any trial-related activities. (Trial-related activities are any procedure that will not have been performed during normal management of the subject.)
• Age is 18-75 years
• Diagnosed with Type 2 diabetes (according to the diagnosis criteria applicable locally) for at least 3 months
• Treatment with one or two oral anti-diabetic drug (OADs): metformin at astable daily dose of ≥ 1500 mg or maximum tolerated dose (at least 1000mg daily), with or without insulin secretagogue (SU or glinides) or DPP-4 inhibitors or SGLT-2 inhibitors or alpha-glucosidase inhibitors for at least 8 weeks at a stable dose. The dose(s) of OAD other than metformin should be minimum half of the daily maximal dose according to local labelling or maximum tolerated dose.
• Insulin naïve. short-term insulin treatment (consecutive or cumulative treatment of ≤14 days) and insulin treatment for gestational diabetes are allowed.
• HbA1c 7.0-10.0 % (53-85 mmol/mol) (both inclusive)
• BMI 19-40 kg/m2 (both inclusive)

Exclusion Criteria:

• Known or suspected allergy or intolerance to the active substance or to any of the excipients of the investigational medical products
• Severe hypoglycemia during the previous 6 months.
• Hospitalization for diabetic ketoacidosis or hyperglycemic hyperosmolar syndrome during the previous 6 months.
• Cardiovascular disease within the last 12 months, defined as: stroke, decompensated heart failure (New York Heart Association [NYHA] class III or IV), myocardial infarction, or hospitalization for unstable angina pectoris or transient ischemic attack.
• Diagnosis of malignant neoplasms (except basal cell or squamous cell skin cancer, polyps and in-situ carcinomas) within the last 5 years or increased risk of cancer or relapse of cancer.
• Any antidiabetic medication other than permitted in the inclusion criteria or any weight-loss drug within the last 8 weeks..
• Systemic or intra-articular corticosteroids treatment within the last 3 months.