Despite an inexorable rise in the global population of type 2 diabetics, linked to changing lifestyle choices, markets for insulin are becoming ever more competitive.
As copycats fight for a slice of the action, it’s imperative for insulin firms to innovate and differentiate their offering, and the holy grail of innovation in insulin is oral delivery.
Nadav Kidron, chief executive of Israel's Oramed Pharmaceuticals (TASE: ORMP), says of his firm's lead candidate, an oral insulin that goes by the label ORMD-0801: "We've been able to show in our last trial, in 180 patients, in a statistically-significant manner, that the product works and we can deliver insulin orally."
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