Chinese Scientists Achieve World's First Diabetes Cure Using Cell Therapy: Report
Portfolio Pulse from Benzinga Neuro
Chinese scientists have achieved a global first by curing a patient's diabetes using cell therapy. The patient has been insulin-free for 33 months, and the research was published in the journal Cell Discovery. This breakthrough offers hope for millions of diabetes sufferers worldwide and could revolutionize diabetes treatment.
May 27, 2024 | 11:16 am
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Eli Lilly and Co, which is exploring new insulin dosing options, may face increased competition from the new cell therapy treatment for diabetes developed by Chinese scientists.
Eli Lilly is currently exploring new insulin dosing options. The breakthrough in cell therapy could potentially reduce the demand for traditional insulin treatments, impacting Eli Lilly's market share.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Novo Nordisk, facing supply chain challenges for its diabetes drug Ozempic, may also be impacted by the new cell therapy treatment for diabetes developed by Chinese scientists.
Novo Nordisk is currently facing supply chain challenges for its popular diabetes drug Ozempic. The new cell therapy could further impact Novo Nordisk's market position by offering an alternative treatment option.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50