Those patients taking the drug Victoza for the treatment of their Type 2 diabetes are likely to have a number of questions regarding the safety of the drug. Whether the drug causes such serious health problems as pancreatic cancer, thyroid cancer, kidney disease and pancreatitis is currently being debated with a number of studies pointing to these dangers. Several studies have placed the risks of a patient taking Victoza and developing pancreatitis at as much as three times that of those taking an older diabetes drug, and the risks of pancreatic cancer is significantly increased as well. Victoza works by mimicking the actions of incretin hormones in the body.