Insulet still targeting new pods by end of year
The company reported earnings yesterday and in its conference call to analysts said it is still targeting the conversion to the smaller pods for US customers by the end of this year. Final FDA approval still has not come through, even though the smaller pods are already being sold in Europe. Of course, officials can't predict exactly when the FDA will sign off, but they are very hopeful that patients can be converted to the new pods by the end of the year. It's a win-win. Patients will like the smaller form factor, and the margins for the company are greater. They plan to begin building inventory soon. What they don't want is for supply chain problems to force patients back to the larger pods after they have been converted to the new ones. The company is still working on a device that incorporates a CGM from Dexcom.
Replies to This Discussion
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Permalink Reply by garidan on -
Holland will be the first country: the new pods are coming from china, they should be already here. I think they are teaching the teams on the new product ...
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Permalink Reply by Herman on -
I had contact with Ypsomed in Holland and they told me they are still waiting for the new PDM.
They could not give me an estimate but hoped to start in about 7 weeks with distributing the 2e generation Ipod’s. -
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Permalink Reply by Mark on -
I'm really excited about the new, smaller pods and can't wait til they release them here. And can I just say... I hate the FDA! It's ridiculous how many hoops they're making them jump through for an already established technology... just made smaller:X
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Permalink Reply by jean on -
I agree, how about if I volunteer to test for them, anybody know how about doing this? If possible???
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