No Breakthrough at all
As we anticipated Breakthrough Type 1 has ignored our repeated requests for more information. This is unfortunate in our opinion but can’t say we are all that surprised. So let’s look at where things stand today and what we see happening in the future. Let’s start with why this happened as it does provide some perspective. The T1D Fund has assets worth approximately $250 million and was an engine for generating...
Back to the wacky
Before I begin today a quick update on the Breakthrough Type 1 situation. From the start we have attempted to get the Breakthrough Type 1 side of the story. We had hoped to present a fair and balanced accounting of just what is going on here. We have reached out to Breakthrough Type 1 on multiple occasions requesting various pieces of information. In the meantime we have obtained multiple emails and...
The silence speaks the loudest
Here is a post I will actually encourage you to share. The month of June has not been kind to the diabetes community but no one seems to give a damn. At the ADA annual money garb the ADA endorses gestapo like tactics to physically remove a bunch of well-meaning nerds who were protesting cuts to NIH funding. After some initial backlash and lots of embarrassment ADA CEO Charles Henderson issues...
Curse the darkness
Perhaps Diabetic Investor is old school as we believe in gathering the facts and presenting a fair and balanced version of things. Yes, believe it or not there are times when we actually want to be wrong. However it’s difficult when we have only one side of the story. This is exactly what’s happening with the Breakthrough Type 1 and the events surrounding the $250 million T1D fund. Diabetic Investor has...
We The People
In a few weeks America will be celebrating 250 years of Independence. Yes this grand experiment created by a bunch of privileged white guys has not only survived but has prospered. There are many reasons I love America but one of the best reasons is America is ruled not by a king or a family it’s ruled by people. Our founding Fathers knew fundamentally when too much power falls under...
Hear no evil, see no evil and speak no evil
Judging by the reaction to the news that Tzield has been approved by the FDA for stage 3 Type 1 diabetes you’d think we are only days away from discovering a cure. Now I don’t want to rain on anyone’s parade but Tzield is NOT a cure nor are we any closer to a cure than we were 30 years ago. Naturally organizations like Breakthrough Type 1 are using this...
Tone deaf
According to the ADA’s own website there are over 40 million Americans with diabetes. The site states clearly that diabetes is a nationwide epidemic. Think about that for just a minute then extrapolate the numbers to those who do not have a diabetes but know someone who does. Not to mention the millions more who have “pre-diabetes.” The facts tell us you can’t swing that proverbial dead cat without hitting...