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Entries in diabetes (2)

Wednesday
Nov162011

ALRT, Randomized Control Trial update and technical trade by The Street Beat

ALR Technologies, Inc. (OTCBB:ALRT) recently updated a movie/Power Point which is a presentation from a “Randomized Controlled Trial” showing the effect of internet therapeutic intervention on HbA1c (hemoglobin A1c) levels in patients with Type 2 diabetes treated with insulin. The six-month study was conducted by Tildesley et al. and concludes that the use of an IBGMS (Internet Based Glucose Monitoring System) is an effective method of improving glucose control compared to standard care.

The A1c level is the gold standard in determination of chronic glycemic control in people with diabetes. It is important to keep the A1c level as low as possible to control risks associated with diabetes. As the final slide points out, According to Centers of Disease Control and Prevention:

In general, every percentage drop in A1c blood test results (e.g. from 8% to 7%) can reduce the risk of microvascular complications (eye, kidney and nerve disease) by 40%.

Products such as ALR Technologies’ Health-e-Connect System and Welldoc’s self-named platform are designed to encourage patient compliance and monitoring of glucose levels in manners shown to be effective by this trial.

Below, The Street Beat takes a look at the two-year weekly chart of ALR Technologies shows solid support levels and a stock consolidating after a large climb. The retrace is holding support and the MACD has dropped a bullish cross while the RSI holds over 50; signs that will grab the attention of technical traders.

Thursday
Oct272011

The Black Market for Diabetic Strips on Ebay - FOX News Baltimore ($ALRT)

26 million Americans have diabetes. The cost of diabetes test strips can really add up. In an effort to save money, some people are turning to the internet and other sources to purchase the strips, but it's a case of buyer beware. Health officials say that many of these black-market strips are expired and can give inaccurate readings, which can in turn damage your health. In this news story out of Baltimore, FOX News reports about the sale of diabetes test strips on the black market on Ebay and other sites. Federal investigators are cracking down and a University of Maryland School of Pharmacy expert explains the health risk:

The ALRT Health-e-Connect (HeC) System is the principal product of ALR Technologies.  The system offers a solution to documenting actual electronic strip count usage, thus reducing availability for the black market.  HeC is a web-based platform designed to assist healthcare providers caring for diabetes patients improve the compliance and management to care plans of patients through remote monitoring. ALRT plans to expand the platform to cover patients with other chronic diseases. The ALRT HeC System’s platform provides a unique communication channel that allows test strip suppliers to have feedback and dialogue with patients to encourage patients’ compliance to diabetes treatment plans. Adherence to prescribed treatment plans should improve health outcomes. The ALRT HeC System was successfully used in a clinical trial by type 2 diabetes patients on insulin as part of an intensive glucose monitoring program.

The HeC System supports data uploads from blood glucose meters manufactured by Abbott Diabetes Care, Bayer Diabetes Care, LifeScan Inc. (a Johnson & Johnson Company) and Roche Diabetes Care.