Nationwide, the disease's cost -- from medical bills to disability payments and lost workdays -- was conservatively estimated by the American Diabetes Association at $132 billion a year. All cancers, taken together, cost the country about $171 billion a year.
Thus we keep a close eye on the treatments, technologies and new services in this space, and we've been watching a new firm called SugarStats (www.sugarstats.com). Here's what they say on their website; we think they may add value in a new way using what is called "Web 2.0."
Built by diabetics for diabetics, SugarStats is not meant for tracking every minuscule detail but to provide a simple, clean interface to access the most essential and decisive info which empowers you to spot dangerous trends and better manage your diabetic lifestyle.
You can input and access this information from any modern web browser and soon via many cell phones, PDA's and mobile devices. So no matter where you are, you have easy access.