Matt Cycle
Well-Known Member
- Relationship to Diabetes
- Type 1
About 70 staff have been made redundant at an insulin pump manufacturer.
Cellnovo Limited, who are based at Bridgend's Pencoed Technology Park, developed, manufactured and marketed the first mobile, all-in-one diabetes management system.
The firm appointed administrators, who found it was no longer viable for the company to manufacture its product.
The job losses come after Ford announced in February a voluntary redundancy scheme at its Bridgend site.
Seventy staff members have been made redundant with immediate effect, while 20 have been kept on to oversee the wind-down.
Further development of the insulin system impacted on sales, leading to the redundancies, administrator RSM Restructuring Advisory said.
The product is a wearable patch pump for insulin, which can be worn discreetly on the body.
It has a touch-screen handheld device which controls the pump, but also enables people to record their activity and input blood/glucose readings.
https://www.bbc.co.uk/news/uk-wales-47749045
This is a shame. It was the patch pump option offered when I was choosing my pump. Glad I didn't go for it.
Cellnovo Limited, who are based at Bridgend's Pencoed Technology Park, developed, manufactured and marketed the first mobile, all-in-one diabetes management system.
The firm appointed administrators, who found it was no longer viable for the company to manufacture its product.
The job losses come after Ford announced in February a voluntary redundancy scheme at its Bridgend site.
Seventy staff members have been made redundant with immediate effect, while 20 have been kept on to oversee the wind-down.
Further development of the insulin system impacted on sales, leading to the redundancies, administrator RSM Restructuring Advisory said.
The product is a wearable patch pump for insulin, which can be worn discreetly on the body.
It has a touch-screen handheld device which controls the pump, but also enables people to record their activity and input blood/glucose readings.
https://www.bbc.co.uk/news/uk-wales-47749045
This is a shame. It was the patch pump option offered when I was choosing my pump. Glad I didn't go for it.
