Diabetics Skimp On Lifesaving Care In Recession

Stock quotes in this article: RX  

The sales declines come even as the number of diabetes cases grows, fueled by the rise in obesity. According to the American Diabetes Association, more than 24 million Americans have diabetes.

Even as sales of expensive pills have fallen, sales of advanced insulin injections are up 9 percent since summer. That could mean some patients would rather face a needle to save money, according to Brian Lasky, a research analyst at IMS Health.

"By December, people were making decisions in terms of, 'Do I fill this prescription or ... buy Christmas presents for my kids?'" Lasky added.

Johnson & Johnson, a maker of top-selling OneTouch blood sugar meters, testing strips and insulin pumps, reported a 2 percent fourth-quarter drop in U.S. sales for the category compared with the same period a year earlier, a large drop considering quarterly sales up to then had been rising at around 10 percent.

"We're seeing some signs that consumers and patients are becoming more frugal," J&J Chief Executive Bill Weldon told analysts in January.

Getting patients to stick to their treatment has long been tough. But rising unemployment has made things worse.

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