From Wikipedia:
Exubera, inhalable insulin developed by Pfizer, was approved for use in 1-2006. In 4-2006, the UK's NIH advised against the use of inhalable insulin on the grounds that avoiding injections did not justify the higher cost of the new product, estimated at £1100 per year. The NIH recommended in 6-2006 that diabetics should use Exubera only if they could establish 1) a medically proven fear of insulin injections or 2) chronic problems with their insulin injection sites.
Novo Nordisk, filed a lawsuit against Pfizer on 8-2006, claiming patent infringement, seeking both compensatory damages and injunctive relief. Novo sought an injunction preventing the release of Pfizer's 9-2006 launch of Exubera. A federal judge delayed a decision on Novo Nordisk's request for injunctive relief until 12-2006 court hearing. Pfizer's answer contends Novo wants to deny diabetics access to Exubera because it's the only FDA approved inhalable insulin & would hurt Novo Nordisk's business.
2006-11-11
17:27:24
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14 answers
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Health
➔ Diseases & Conditions
➔ Diabetes
The above evidence supports my theory that all major diseases and complications will never really be cured. We as diabetics are pharmaceutical companies' cash cows. If they can help us a little, it will be at an outrageous monetary cost. On top of that, even if there is a success, another company will attempt to squash it. Sick, huh? Is capitalism really a good thing for medical advancement? Something is really screwy here. Your comments?
2006-11-11
17:30:28 ·
update #1
I don't want this to turn into an FDA battle. I honestly belive the FDA does a good job keeping crap and quacks out of the mix. The FDA makes decisions on the results of clinical trials. I have administered clinical trials, so I know that it is a lengthy and tedious process that requires decisions based on statistics using sample populations. Please do not disregard the FDA process. It is very sound and keeps people alive and well.
It is the greed factor of the companies involved that is so disturbing and inhibiting.
Lots of people are jumping on the stem cell bandwagon thinking there is hope for many things, but nothing has been proven. In fact, around a year ago, some major Korean researcher was totally disgraced by all his research lies in stem cells. Many others' work were based on his research. FDA approval is strict and stringent. Thank God for that. Thank the Devil for the greedy health care industry.
2006-11-11
17:46:54 ·
update #2