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November 21st, 2008
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I found a recent article disturbing. A large drugmaker estimates that three diabetes drugs in the pipeline have the potential to bring in sales of $3 billion in the next few years.

I could have looked at the upside of this. These are drugs that could improve the quality of life and health of many people living with diabetes.

I could have.

But what I see in this article is a positive report on the financials of a company getting a little richer every time another person gets diagnosed. News that panders to its shareholders and seems just a bit too pleased about having so many people with diabetes to treat. I see my son as a client in the business of diabetes. He's their demographic; he's the customer.

"You're talking peak sales in the multiple billions for all three drugs, if they succeed," an analyst from Miller Tabak & Co. said.

Imagine the cash growth if the number of people with diabetes triples or quadruples. I see investors and executives salivating over the magnificent possibilities. The mood of the piece falls just short of giving the Howard Dean "Byaaah!!! Or mumbling salaciously, "oh moneymoneymoneymoneymoneymoneymoney."

I see new corporate teams being formed for these drugs. I see growth charts pointing skyward in board rooms and targets of 366 million people with diabetes highlighted in yellow with clipart of champagne bottles. I see leather chairs and smiling faces. New departments with facedown birthday cards stealthily passed in manila envelopes from cubicle to cubicle. I see promotions, down payments on homes, morale-building bungee jumping trips and hot dog eating competitions. Boxes of blue translucent drug-monogrammed pens and handsome commercial actors rehearsing their lines.

All because of you. All because of my son.

The clients.



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I was having a conversation with Holden about this last night.

I told him big corporations weren't interested in finding a cure because they would be out billions of dollars if a cure is found.

It's very disheartening.

Penny


It's scary, isn't it? The companies who might be working on a cure are working on their bottom line I think. And it's not just diabetes unfortunately. They can charge thousands for a new chemo drug.


i would like to know when someone will make a generic brand of insulin. they did it with TB and AIDS drugs and countless other medications are available as 'generics'... why not insulin?
or maybe i should just join the team of people making the drugs so i can get rich off of us... hmm there's a thought.


Carey, I totally understand and respect your POV on this. But I have to say that at least big pharma is up front about being a business. Some organizations make particularly bad alliance choices just for the cash.


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Carey Potash
Carey is a full-time hater of diabetes. The benefits stink. His 6-year-old son, Charlie, was diagnosed with type 1 diabetes when he was 22 months old. Carey's parenting humor has appeared in various websites and print magazines. He resides in the suburbs of Philadelphia with his wife and three children. (Read More)

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Nicole Purcell
Nicole has lived successfully with type 1 diabetes for 25 years. She hopes that by writing about her experiences, she can help others to face diabetes - and its challenges - head on.(Read More)

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