Diabetes: Page 6
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Courtesy of Medtronic
Medtronic wins FDA approval for long-delayed MiniMed 780G insulin pump
Analysts called the FDA approval a “positive” for Medtronic that “should somewhat aid in a turnaround of its U.S. diabetes franchise.”
By Nick Paul Taylor • April 24, 2023 -
Courtesy of Nevro
Nevro names Hologic exec as CEO
Kevin Thornal will take the reins from current CEO D. Keith Grossman, who will retire next week.
By Elise Reuter • April 20, 2023 -
Permission granted by Abbott
Abbott boosts organic sales outlook as device demand accelerates
A rebound in surgical procedure volumes as hospital staffing improved at the start of the year partially offset a steep drop in COVID-19 testing sales.
By Susan Kelly • April 19, 2023 -
Permission granted by Abbott
Abbott gets clearance for Libre 3 reader, opening path to Medicare coverage
With a standalone reader, Abbott said it is working to make the FreeStyle Libre 3 system available to people covered by Medicare.
By Elise Reuter • April 17, 2023 -
echoevg via Getty Images
Proxy adviser backs diabetes device developer Sernova in fight against activist investors
Institutional Shareholders Services said the activist investors “failed to present a detailed explanation” of their case and recommended that shareholders vote for Sernova’s director nominees.
By Nick Paul Taylor • April 17, 2023 -
Pixelseffect via Getty Images
Sernova defends record after investors attack ‘sluggish’ progress of regenerative medicine implant
The investors accused Sernova’s board of “complacently” overseeing “a period of eroding shareholder value.”
By Nick Paul Taylor • April 7, 2023 -
Retrieved from Abbott on April 06, 2023
Abbott faces Class I recall of 4.2M glucose readers on battery fire risks
Readers for Abbott’s FreeStyle Libre glucose monitoring systems could catch fire if improperly stored or charged, the FDA says.
By Peter Green • Updated April 7, 2023 -
Permission granted by Tidepool
Deep DiveGrassroots innovation: How a patient-driven device for diabetes won FDA clearance
Tidepool Loop, an automated insulin dosing app based on one developed by the DIY diabetes community, received FDA clearance in January.
By Elise Reuter • April 3, 2023 -
Permission granted by Nevro
Q&AFriday Q&A: Nevro CMO tells how the spinal device maker will defend its turf in diabetic pain relief
Dr. David Caraway says Nevro’s device stands apart from competing treatments for painful diabetic neuropathy with its clinical data and approach. The company is also launching a new product.
By Elise Reuter • March 31, 2023 -
Chinnapong via Getty Images
In a threat to diabetes tech market, scientists use implanted glucose-run fuel cell to power insulin release
If commercialized, the technology could disrupt continuous glucose monitor and insulin pump markets fought over by companies including Abbott and Medtronic.
By Nick Paul Taylor • March 29, 2023 -
ClarkandCompany via Getty Images
Senseonics grows sales in Q4 despite ‘softer demand’ for CGM implant in US and Germany
Demand in the U.S. was affected by “a little bit of ambiguity on pricing” ahead of a change to Medicare.
By Nick Paul Taylor • March 17, 2023 -
Courtesy of Tandem Diabetes
Tandem, targeting Medtronic and Insulet’s turf, links artificial pancreas to improved outcomes in kids
If Tandem can prove to regulators that the system can help manage young children’s diabetes, it could compete with Medtronic and Insulet, which have devices that are indicated for use in kids as young as two years.
By Nick Paul Taylor • March 16, 2023 -
Novo Nordisk
Novo Nordisk follows Lilly in sharply cutting price of insulin drugs
Responding to policy changes and pressure over high drug costs, the drug maker is reducing the sticker price of four branded diabetes medicines by up to 75%.
By Delilah Alvarado • March 14, 2023 -
Courtesy of Insulet Corp.
Insulet to join S&P 500 after Silicon Valley Bank ousted
Shares of the insulin pump maker rose Monday on news that it would join the stock index.
By Elise Reuter • March 13, 2023 -
Permission granted by Abbott Laboratories
Abbott CGMs cleared to integrate with automated insulin delivery systems
The regulatory decision allows the devices to be used in artificial pancreas systems, and positions Abbott as a competitor to Dexcom in the space.
By Elise Reuter • March 6, 2023 -
Permission granted by MedCrypt
Q&AFriday Q&A: MedCrypt’s Naomi Schwartz on designing cybersecurity for diabetes devices
Schwartz, who helped review the first automated insulin dosing system, talks about balancing patient access and device security.
By Elise Reuter • March 3, 2023 -
Courtesy of Dexcom
Medicare to expand CGM coverage to more Type 2 diabetes patients
The updated policy could double the market for continuous glucose monitors, and will take effect in April.
By Elise Reuter • Updated March 2, 2023 -
Giuseppe Lombardo via Getty Images
Remote patient monitoring increasingly popular, even as pandemic eases, analysis of insurance claims shows
Cardiologists are the main users of RPM devices, with blood pressure diagnoses accounting for more than half of all claims made in 2021. Diabetes, which accounts for 16% of claims, is the next most active area.
By Nick Paul Taylor • March 2, 2023 -
Lilly agrees to lower insulin prices by 70%
The pharma company, along with its diabetes drug rivals Novo Nordisk and Sanofi, has long been under pressure over the high cost of insulin — scrutiny that has recently ramped up in the U.S.
By Jonathan Gardner • March 1, 2023 -
Courtesy of Medtronic
Medtronic links MiniMed 780G automated insulin delivery to sustained glucose control benefits
The data indicates patients should receive automated insulin delivery earlier, rather than starting treatment with multiple daily injections, Medtronic said.
By Nick Paul Taylor • Feb. 27, 2023 -
Courtesy of Insulet Corp.
Insulet exceeds sales forecast amid signs Omnipod 5 is winning share in diabetes pump market
The pump will be a “share taker for some time to come,” as patients switch from rival devices, said Insulet’s CFO.
By Nick Paul Taylor • Feb. 24, 2023 -
Courtesy of Tandem Diabetes
Tandem sees growth in new product launches after $95M loss on decline in pump placements
Craig Hallum analysts said 2022 was a “tough year” for Tandem but noted the company’s 2023 forecast should “properly” set expectations.
By Elise Reuter • Feb. 23, 2023 -
Justin Sullivan via Getty Images
Apple makes strides in watch-based blood glucose tracking, Bloomberg reports
The company has been working on needle-free blood glucose tracking technology for 12 years, but has yet to show any meaningful clinical data, a J.P. Morgan analyst wrote.
By Elise Reuter • Feb. 22, 2023 -
Permission granted by Embecta
Embecta raises 2023 earnings forecast after better-than-expected start
Almost a year after the company spun off from Becton Dickinson, CEO Dev Kurdikar said Embecta’s quarterly results “exceeded our initial expectations” in a challenging market.
By Elise Reuter • Feb. 15, 2023 -
Courtesy of Insulet Corp.
Insulet pays Bigfoot Biomedical $25M for pump-based automated insulin delivery technology
Insulet framed the Bigfoot deal as a way to double its IP portfolio and strengthen its position in the insulin pump market.
By Nick Paul Taylor • Feb. 14, 2023
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