News Summary: New diabetes treatments offer hope

AP News

6/10/2012 4:35:26 PM - AP News

DIABETES ADVANCES: Several diabetes treatments in late testing appear to better control of blood sugar and weight and to prevent dangerously low blood sugar. They're being presented at a conference in Philadelphia.

BOON TO MAKERS: The new drugs, insulin products and medical devices could bring billions in annual revenue to drugmakers that now dominate the diabetes market and others entering it.

GROWING MARKET: Diabetes is exploding with the global obesity epidemic, with 26 million American diabetics and growing. Drug sales likely will jump nearly 10 percent a year for a while.