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.


Diabetic Recipes










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.