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On the front page, no less, of today's Los Angeles Times:

Inhaled Insulin Wins U.S. Approval
By Denise Gellene and Thomas H. Maugh II, Times Staff Writers

Federal regulators Friday approved the first inhaled insulin treatment, offering millions of diabetics a chance to ease the grueling ritual of repeated daily injections.

Called Exubera, the drug allows patients to control their blood-sugar levels by inhaling a fine insulin powder through a flashlight-size device. The drug, to be marketed by Pfizer Inc., could reduce or eliminate the need for before-meal insulin shots.

<snip>

Insurance companies have not yet said if they will cover the drug, but are likely to do so because uncontrolled diabetes can lead to far more costly health problems, said Zach Wagner, an analyst with Edward Jones.

"We're saying it will be a blockbuster," with eventual sales of $1 billion a year, he said.


http://www.latimes.com/news/science/la-fi-insulin28jan28,0,527827.story?coll=la-home-headlines

David, who is long PFE.
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