Earlier this year, the Pharmaceutical Research and Manufacturers of America (PhRMA) released an interesting report, Biopharmaceutical Companies Developing Record 183 Medicines to Treat Diabetes and Related Conditions. The PhRMA report states that "America's pharmaceutical research and biotechnology companies are working on 183 new medicines to treat [diabetes] and related conditions. All of the medicines in this report are either in clinical trials or awaiting approval by the U.S. Food and...

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