Diabetes: Page 5
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Permission granted by Sanofi
Q&ASanofi’s Felix Lee talks DarioHealth partnership, future of digital health
The pharmaceutical company struck a strategic agreement with digital health company DarioHealth last year aimed at helping patients with diabetes manage their blood sugar levels.
By Elise Reuter • July 21, 2023 -
Courtesy of Abbott
Abbott Q2 net profit falls as weaker COVID test sales drag on revenue
Stronger medical device sales and a recovery in the infant formula business partly offset the impact of reduced COVID-19 testing.
By Susan Kelly • July 20, 2023 -
Courtesy of Tandem
Tandem’s Mobi insulin pump could reaccelerate growth next year: analyst
The device, which is smaller than Tandem’s past pumps, could drive more people to switch from insulin injections, an analyst with Craig-Hallum said.
By Elise Reuter • July 12, 2023 -
Permission granted by Medtronic
Medtronic secures Medicare coverage for MiniMed 780G insulin pump
Medtronic has begun processing orders and will start shipping devices over the next few weeks.
By Nick Paul Taylor • July 10, 2023 -
Permission granted by Becton Dickinson
BD to shed 60 jobs as COVID demand, diabetes spinoff affect manufacturing plant
The cuts are the latest in a wave of workforce reductions by medtech companies including Abbott Laboratories, Cook Medical, Illumina and Thermo Fisher Scientific.
By Nick Paul Taylor • July 7, 2023 -
Courtesy of Dexcom
Q&AQ&A: Dexcom’s Lawver shares strategy behind CGM for non-insulin users
The continuous glucose monitor in development for people with Type 2 diabetes who don’t take insulin could expand the CGM market to 25 million more people in the U.S., the company’s new chief commercial officer said.
By Elise Reuter • June 30, 2023 -
Mario Tama via Getty Images
Diabetes remains fastest-growing medtech market despite some risk from new drugs: analysts
The medicines could apply “short-lived pressures” to medtech companies by affecting the use of insulin, Mizuho analysts say.
By Nick Paul Taylor • June 30, 2023 -
ClarkandCompany via Getty Images
More than 1 billion people could have diabetes by 2050, study says
A pair of studies published in the Lancet show that spending on diabetes care is expected to rise, but more work is needed to address structural inequities that affect access to treatment.
By Elise Reuter • June 26, 2023 -
Permission granted by Medtronic
Medtronic links 780G insulin pump to benefits in kids as it works to grow sales
A clinical trial found adolescent users of the pump can achieve improved blood glucose control without precisely counting carbohydrates.
By Nick Paul Taylor • June 26, 2023 -
Courtesy of Dexcom
Dexcom targets 25M Americans with new CGM aimed at non-insulin-using diabetics
The device will last for 15 days, include a cash-pay option and come with software designed for the needs of people who are yet to require insulin.
By Nick Paul Taylor • June 26, 2023 -
Courtesy of Bigfoot Medical
Bigfoot links smart insulin pen cap to improved glycemic control in real-world study
Using the system can bring “rapid and durable improvement” in glycemic control for older adults with Type 2 diabetes who use multiple daily injections, researchers found.
By Nick Paul Taylor • June 22, 2023 -
Joe Raedle via Getty Images
Novo Nordisk says in talks to acquire French device-maker Biocorp for $165M
The offer per share is about 20% more than Biocorp’s closing stock price on June 2. The two companies plan to focus on drug delivery solutions for chronic diseases, such as diabetes.
By Elise Reuter • Updated June 6, 2023 -
Permission granted by Medtronic
Medtronic posts profit, sales growth in Q4, agrees to buy Korean diabetes patch maker
The company is “confident in delivering durable revenue growth in the year ahead” amid continued improvements in procedure volumes.
By Peter Green • May 25, 2023 -
Medtronic agrees to buy Korean insulin patch pump maker for $738m to boost diabetes business
The tubeless, disposable insulin patch made by EOFlow will be integrated into Medtronic’s MiniMed 780G system.
By Elise Reuter • May 25, 2023 -
Boris Jovanovic via Getty Images
Beta Bionics wins FDA nod to challenge Medtronic for automated insulin pump market
Beta Bionics’ device, aimed at people with Type 1 diabetes, has eliminated most of the data entry required by competitors.
By Nick Paul Taylor • May 22, 2023 -
Courtesy of Verily
Diabetes app developers must generate more data on clinical effectiveness, study says
The researchers saw a need for more data on the wider clinical effectiveness of apps in the management of Type 1 diabetes and prediabetes.
By Nick Paul Taylor • May 16, 2023 -
Permission granted by Embecta
Embecta joins Tidepool to develop insulin pump, raises Q2 growth outlook
Embecta advanced its pump project by partnering with Tidepool, a nonprofit that has developed diabetes management software that can work across different brands of pumps and monitors.
By Nick Paul Taylor • May 15, 2023 -
Courtesy of Insulet Corp.
Insulet raises revenue forecast as Omnipod 5 drives US growth
Insulet is confident it can grow the market for tubeless insulin pumps in the long term, an outlook the company bases on its device’s convenience.
By Elise Reuter • May 5, 2023 -
Courtesy of Tandem Diabetes
Tandem expects to meet ‘key’ goals even as rival’s device launch may curb short-term sales growth
Tandem claims it has a better insulin pump than Medtronic’s recently approved rival MiniMed 780G device.
By Nick Paul Taylor • May 4, 2023 -
Courtesy of Dexcom
Dexcom proposes $1.1B debt offering to add to existing $2.6B cash reserve
About $189 million of the funds will go toward the repurchase of Dexcom stock and a portion will support other financial transactions, the company said.
By Nick Paul Taylor • May 3, 2023 -
Permission granted by Medtronic
Medtronic’s US diabetes business is floundering. Can the MiniMed 780G rescue it?
The company, sidelined by a warning letter while competitors brought new products to market, is counting on its newest diabetes devices to spur “pent up interest.”
By Elise Reuter • May 2, 2023 -
Courtesy of Dexcom
Dexcom reports ‘growing momentum’ behind G7 launch in first quarter
The CGM launch helped the company add more users than in any other quarter in its history.
By Nick Paul Taylor • April 28, 2023 -
Courtesy of Medtronic
Medtronic diabetes warning letter lifted by FDA
The resolution will allow Medtronic to bring new products to market faster, such as its new continuous glucose monitor, Simplera.
By Elise Reuter • April 25, 2023 -
Permission granted by Insulet
Insulet gets FDA clearance for tubeless pump to eliminate daily shots for basal insulin users
The device, called Omnipod GO, eliminates the need for daily injections for people with Type 2 diabetes, CEO Jim Hollingshead said.
By Elise Reuter • April 25, 2023 -
FatCamera via Getty Images
Know Labs hopes to advance non-invasive glucose sensor with proof-of-concept test
The company wants to use its Bio-RFID technology for glucose monitoring, and recently showed the device could detect and quantify specific molecules in water.
By Nick Paul Taylor • April 25, 2023
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