Mar 12, 2019
The war on ‘prediabetes’ could be a boon for pharma—but is it good medicine?
Posted by Derick Lee in category: finance
The push for drug treatments for prediabetes takes place in an environment rife with financial conflicts of interest. For years, ethicists have criticized ADA for financial dependence on diabetes drugmakers. In recent years, ADA says, it has received $18 million to $27 million annually from drug companies, including many donations of $500,000 to $1 million per year. The group also gets up to $500,000 annually from each of more than a dozen other firms in the diabetes and prediabetes markets, including makers of consumer and medical products, testing labs, insurance companies, and drug retailers.
A third of Americans are considered prediabetic—but many may be better off without treatment.