A first-of-its-kind trial of oral insulin being spearheaded by Israeli diabetes specialist Oramed Pharmaceuticals (Nasdaq: ORMP) is now taking place at 37 research centers across the USA.
Clinics in 13 states are testing this form of insulin on nearly 300 Americans that could delay, and in some cases may even negate, the need for use of needles for many type 2 diabetics.
Oramed, which is based in both the USA and Israel, wants to be the first to take this form of the drug to market and the trial is its largest and most advanced to date under the direction of the US Food and Drug Administration.
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