Australian scientists have demonstrated a new way to restore insulin production in pancreatic cells, using a drug that's already approved for use in humans. The study could mark a major breakthrough towards new treatments for diabetes. Blood glucose levels are managed by the hormone insulin, which is produced in beta cells in the pancreas.

LA JOLLA-The discovery of insulin 100 years ago opened a door that would lead to life and hope for millions of people with diabetes. Ever since then, insulin, produced in the pancreas, has been considered the primary means of treating conditions characterized by high blood sugar (glucose), such as diabetes.

"Why is Narcan free to a dope addict but my insulin is $750 a month?" asks an online meme that has since gone viral. "Humalog cost $21 a vial in 1996 and now that same insulin is $375" claims another meme designed to call for price regulations.