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Post by liane on Apr 6, 2014 8:47:36 GMT -5
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Post by ezrasfund on Apr 6, 2014 9:49:34 GMT -5
Here is my note to the author of that article. Note that she quotes David Kliff, of the Diabetic Investor, extensively. He is a major nay-sayer on Afrezza.
Hi Elisabeth,
Thanks for today's article on the costs of diabetes and other chronic diseases. Of course there is another side to the story, and the saga of Al Mann, whose company developed the insulin pump now sold by Medtronic is a good example of the costs and difficulties of bringing new treatments to market.
The story of MannKind Corporation and its struggle to bring Afrezza, an inhaled insulin, to market, is an epic one spanning 20 years and costing more than $2 billion. This treatment has the potential to greatly reduce costs and improve outcomes for both Type 1 and Type 2 diabetics.
Besides the hurdles put up by the extremely risk averse FDA and their poorly informed staff of young reviewers, there is considerable opposition from a group of investors who hope to make money by opposing Mr. Mann's efforts. Ironically, David Kliff, of the Diabetic Investor, is one of those people. His investment advice has been to oppose the approval of Afrezza and bet against it. And yet this may be the most important advance in diabetes treatment in a long time.
I won't say more about this complex issue except to urge you to study it more, and review the recent AdCom meeting for Afrezza, where the medical panel vote overwhelmingly for approval, but also scolded the FDA reviewers for their poor understanding of the complexities of diabetes therapy.
This story has been covered somewhat at the NY Times by your colleague Andy Pollack. I urge you to discuss it with him.
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Post by monkeymann on Apr 6, 2014 16:05:44 GMT -5
hey guys did you see the article in the new york times last week
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Post by liane on Apr 6, 2014 16:48:10 GMT -5
monkeymann,
Do you have a link so that we know what you are referring to?
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Post by ezrasfund on Apr 6, 2014 17:31:14 GMT -5
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Post by monkeymann on Apr 6, 2014 17:43:25 GMT -5
thats the one thanks
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