The Diabetes Industry – Laughing All the Way to the Bank

Of the UK population, we now have approximately 5% who have been diagnosed as diabetics, many more with pre-diabetic conditions and those who are as yet, undiagnosed. This includes both type 1 and type 2. Both types are growing exponentially and regardless of population increase. They are metabolic diseases.



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Novo Nordisk has set a long-term global target of providing quality diabetes care products (my emphasis) to 40 million people by 2020.”

“Providing” sounds so generous and altruistic doesn’t it? It’s meant to – we are supposed to believe in these qualities. The reality is that products are being sold all around the world, including to developing countries, where a large part of their diet comprises inexpensive carbohydrate foods. Since these countries are consuming the very foods that can bring about diabetes, it is a very profitable market.

Novo Nordisk is just one pharmaceutical company supplying insulin. Insulin and other diabetic drugs are needed by millions, so I am not dismissing them out of hand, but just pointing out that this is business. Diabetes is huge business so let’s look at this industry. Approximately 80% of diabetics are overweight or obese so I am going to include some of the “obesity industry” bullet-points in my list.

  • pharmaceutical companies make insulin and anti-diabetic drugs of several sorts. Insulin prescriptions cost £328 millions and Metformin (anti-diabetes drug) £81 millions
  • needles and syringes are needed
  • books about diabetes are written and sold
  • specialist nurses and doctors must be trained in diabetes and then salaried, therefore…
  • trainers are needed – and someone to train them!
  • bariatric surgeons to provide surgery for those who cannot lose weight. (This is currently being discussed for diabetics with a lower body-mass index than for those with obesity alone.)
  •  gastric-band manufacturers
  • manufacturers of bariatric beds, chairs, commodes, hoists and other equipment
  • “diabetic foods”
  • blood sugar monitors and a constant supply of “blood sticks”

 

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These points indicate the industry (and it is not an exhaustive list). These businesses would go out of business if there were no diabetics and obesity. The actual cost of diabetes is incredibly far-reaching. Since diabetics have much more chance of becoming ill due heart disorders, lower limb problems even amputations and blindness, or whether just from minor infections – diabetics have more absence days from work than healthy people. They cost the work-place money – 8.4 billion per year. )LINK) There is a government benefits cost too for those that can’t work. The fact is, diabetics usually die younger. Harsh I know, but true nonetheless. What about the NHS? Hospital beds and GP surgeries are full of diabetics, due to all the complications that can be encountered by suffering diabetes. A simple statement which costs billions.

“The cost of diabetes to the NHS is over £1.5m an hour or 10% of the NHS budget for England and Wales. This equates to over £25,000 being spent on diabetes every minute.”

This is a disease that is, in the main, both preventable and reversible. Why is the research funding not directed at causes and prevention instead of maintenance drugs and cures? You answer.

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Statistics are from diabetes.co.uk.