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Biotech / Medical : AMLN (DIABETES DRUGS)

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To: RealMuLan who wrote (2128)11/5/2009 3:15:52 PM
From: RealMuLan   of 2173
 
Amylin To Live Large On The Fat Of The Land
John Dobosz, 11.05.09, 01:50 PM EST
forbes.com

There's a lot of crossover between so-called obesity drugs and diabetes treatments. Amylin has both of them covered.

According to the American Diabetes Association, 23.6 million children and adults in the U.S., or 7.8% of the population, have diabetes, with 1.6 million new cases diagnosed in people aged 20 years and older each year. Among those 60 and older, the prevalence of the chronic condition jumps to 23.1%, and diabetes was the seventh leading cause of death listed on U.S. death certificates in 2006.

Diabetes, a disease in which the body fails to produce insulin or to process it properly, was responsible for $116 billion in direct medical costs in the U.S. in 2007.
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