Category: Politics & Business

Diabetes At Epidemic Proportions in China

According to a new study published in the The New England Journal of Medicine, 92.4 million Chinese adults age 20 or older (9.7 percent of the population) have diabetes and 148.2 million more (15.5 percent) have prediabetes. Researchers from Tulane University administered an oral glucose tolerance test to 46,239 adults aged 20 or older from 14 provinces...
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Senator Asks Drug Companies to Explain High Prices

Senator Herb Kohl (D), chair of the Special Committee on Aging, sent letters to AstraZeneca, GlaxoSmithKline, Eli Lilly, Novartis, Pfizer, and Sanofi-Aventis asking them to explain why Americans on average pay twice as much as people in other industrialized countries for prescription drugs...
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FDA Tells Food Companies to Correct Labeling Violations

The U.S. Food and Drug Administration(FDA) has notified 17 food manufacturers that the labeling for 22 of their food products violates the Federal regulations. The action follows an October 2009 statement by Commissioner of Food and Drugs, Margaret Hamburg, M.D., encouraging companies to review their labeling to ensure that they are in compliance with FDA regulations...
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Diabetes and Pre-Diabetes Accounted for $218 Billion in Costs in 2007

A new analysis funded by Novo Nordisk's National Changing Diabetes® Program, found that the cost of diabetes and pre-diabetes reached $218 billion in 2007, with the exploding number of cases of type 2 diabetes responsible for the majority of the costs. According to the study, diagnosed type 2 diabetes accounted for $174.4 billion of 2007...
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Array BioPharma and Amgen Partner in Type 2 Diabetes

Array BioPharma Inc. and Amgen Inc. announced that they entered into an agreement granting Amgen exclusive worldwide rights to Array's small-molecule glucokinase activator program, including ARRY-403, currently being tested in a Phase 1 clinical trial in patients with type 2 diabetes. Amgen will pay $60 million up-front with additional potential milestones and royalties payments to Array...
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