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0 0.00149611011370428 0.000897666068222655 0.000598444045481841 -0.00448833034111306 -0.0125673249551167 -0.00957510472770797 -0.00359066427289041
Stock impact report

Embecta gets FDA clearance for type 2 diabetes patch pump [Seeking Alpha]

Embecta Corp. (EMBC) 
Company Research Source: Seeking Alpha
The system includes a tubeless patch pump with a 300-unit insulin reservoir and a locked-down controller with Bluetooth technology. Embecta said the 300-unit reservoir design is aimed at accommodating the needs of type 2 diabetics who have higher daily insulin needs, according to a statement Embecta added it is also working on a closed-loop patch pump device that includes an insulin-dosing algorithm. Wells Fargo pointed out that Insulet ( PODD ) recently received FDA clearance for its Omnipod 5 insulin delivery system for type 2 diabetes, while Tandem Diabetes Care ( TNDM ) expects to submit an application to get its device approved for type 2 diabetes “shortly.” The investment bank noted that Insulet's Omnipod 5 only has a 200-unit reservoir versus Embecta's 300-unit. “This is important because people with type 2 tend to use more insulin,” the bank added. Recommended For You Recommended For You More Trending News About EMBC Stock Related Stocks Trending Analysi Show less Read more
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