News Summary: New diabetes treatments offer hope

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News Summary: New diabetes treatments offer hope

By The Associated Press
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.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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