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Stock impact report

Insulet plans label expansion for Omnipod in type 2 diabetes [Yahoo! Finance]

Insulet Corporation (PODD) 
Last insulet corporation earnings: 2/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.insulet.com/investor-relations
Company Research Source: Yahoo! Finance
The company shared the results from the open-label SECURE-T2D clinical trial (NCT05815342) that evaluated the safety and efficacy of Omnipod 5. Insulet has also submitted the data to the US Food and Drug Administration (FDA) to expand Omnipod 5's indication for use in the type 2 diabetes population. If approved, the company plans to launch the Omnipod 5 for type 2 diabetes use in the US early next year. The diabetes care market is expected to grow to be worth $33.5bn in 2030, as per the GlobalData market model. This growth will be mostly driven by insulin delivery devices , with these devices market is forecasted to generate $25.6bn in 2030. GlobalData is the parent company of Clinical Trials Arena Omnipod 5 is cleared by the US FDA and has a European CE mark for use in patients aged two years and older with type 1 diabetes. The device can pair with a continuous glucose monitor (CGM), including the Dexcom G6 CGM system and Abbott FreeStyle Libre, to automatically adjust insul Show less Read more
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