There are several different levels of treatment you can use to control your cat's growth hormone level, which range from giving the body hormones to control release to radiation and surgery. As with people, each of these methods comes with its own risks and rewards, both medical and financial.
Somatostatin
Somatostatin is a naturally-occurring hormone that tells the pituitary gland to slow or stop the release of growth hormone. Using somatostatin on people with growth hormone issues has a 50-60% effectiveness rate, and can even shrink a pituitary tumor in some cases. Somatostatin has been formed into a similar chemical called octreotide for treatment purposes. So far, though it shows some short-term success in cats, they are not lasting. However, the success in people has research vets continuing work to find a better formulation that will work on cats as well as it does on people. The risks with this form of treatment are low, and it is non-surgical, but it is also the least likely treatment protocol to work.
Insulin
Increasing insulin levels is the most common, conservative and cost-effective way to manage growth hormone in cats today. It does not control the release of the growth hormone in any way, but it does control diabetes caused by the growth hormone induced swelling of internal organs. It is less risky and less expensive than other options, though there is a small risk that a cat will have a hypoglycemic episode if it suddenly becomes sensitive to insulin once again. A treatment like this would need to be continued for the lifespan of your cat.
Surgery
In people with the same problem, surgery is the most common choice, as it is the only currently-known way to remove the problem of growth hormone completely. While in people, they may take the time to try and remove only the lesion or tumor, cats and dogs who undergo an adenectomy typically have the entire pituitary gland removed. This will mean a lifetime of daily medications to replace other pituitary hormones. Surgery is costly, but it comes with few risks outside of typical surgical bleeding and clotting anomalies. It has been known to permanently eliminate diabetes symptoms in many of the cats within weeks following surgery. There are few places who perform the procedure, and you may have to travel to another state to find one of the few animal hospitals willing to perform a feline adenectomy.
Radiation
Radiation is another common form of treating the tumor, and is a good option if it is inoperable or there are no local surgical centers. This can be a costly treatment. Radiation can come with a large number of side effects, however. This includes hair/fur loss, skin changes, and long-term blindness or deafness. However, it can also shrink or remove the tumor and increase neurologic function that is being impaired by the growth hormone. This has a success rate in reducing diabetes symptoms of over 90 percent, and of around 50% of cats have a complete reversal of symptoms. Of those, about half remain in remission a year later.