Diabetes Business

First Governmental Lawsuit Against GSK Over Avandia


On Friday  over its diabetes drug Avandia, charging a decade of false advertising and seeking compensation on behalf of patients and providers in California.   MercuryNews reports the county claims the drugmaker made billions of dollars on Avandia, which caused heart attacks and strokes. Although may personal-injury lawsuits against...



Novo Nordisk Insulin Sales Increase by 24% in 2009


According to Novo Nordisk’s 2009 financial statements, the company’s operating profit has increased by 25% in 2009, a trend they expect will continue through 2010. One of the primary contributors to this increase is the growth in its sale of insulin products. The sale of insulin increased by 24% in the past year. Another important...



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