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“They’re never going to cure diabetes because there’s too much money in it.”
I was diagnosed with type 1 diabetes 40 years ago, and I can’t tell you how many times I’ve heard someone say that or words to that effect. It’s understandable.
Diabetes is big business, and as the drugs and medical devices have become more sophisticated and expensive each year – and as more people are diagnosed each day – diabetes itself becomes an even bigger business. In the United States, about $200 billion a year is spent in direct costs for diabetes, including hospital and emergency care.
In the view of frustrated patients, family members, and loved ones, there’s just too much money to be made in this disease for a cure to ever be found. Powerful corporate interests will see to that. Even worse: Conspiracy theorists believe that the companies that profit from diabetes are actively thwarting a cure. Or as one person told me, 'Eli Lilly has the cure in its vault, but it won’t let it out.'