Is Diabetes Making the Pharmaceutical Companies Richer?
FDA Approves Bydureon Drug for Type 2 Diabetes
In light of the new approval by the FDA for Amylin Pharmaceuticals Inc’s Type 2 diabetes drug Bydureon, the question to be asked once again, is whether 21st century lifestyles in the modern, western world is making Pharmaceutical Companies Richer? The unequivocal answer is ‘Yes’.
Of course the Pharmaceutical companies want the world to live insalubrious lives, consume unhealthy diets, refrain from regular exercise and become sick so that they depend on their medicines to alleviate the pain and misery of diabetes, cancer, heart disease and many other insidious illnesses.
When Amylim Pharmaceuticals received FDA approval their shares rose 16.6% to $14.16 and the shares of their partner company Alkermes PLC jumped 4.7% to $20 per share. Analysts forecast that peak sales are estimated at $1 billion dollars. All this money is being made at the expense of an illness that can be eradicated if only we consumed and lived a healthier lifestyle.
Type 2 Diabetes A Curable Illness
Type 2 Diabetes arises because the pancreas does not produce enough insulin or because the cells in the body do not respond properly to insulin. The causes include obesity, lack of exercise, consuming a diet high in refined carbohydrates, alcohol and increasing age.
The new approved drug Bydureon belongs to the new GLP-1 class of therapies which stimulates insulin production when blood sugar levels rise too high. It also prompts weight loss, which is an excellent benefit considering that obesity is a major cause of diabetes.
The sad facts are that there are more than 300 million people globally with diabetes, including around 26 million Americans who are at an increased risk of heart disease, stroke, kidney disease, blindness and loss of limbs; so you can see why the Pharmaceuticals are happy to watch a worldwide melt down in health.
And what is even more disheartening is the fact that Type 2 Diabetes is avoidable naturally, except in circumstances where it is brought on by having to take certain medicines, pregnancy or an illness that damages the pancreas and its ability to produce insulin.
Pharmaceutical companies make billions of dollars in profits and whilst they claim they need to make extra money in order to fund research, run clinical trials and make new drugs, it makes me wonder and even be a bit cynical as to why they do not produce more cures for the debilitating and life threatening illnesses that plague society. I suppose they want to make more money than they want to heal the sick!