Insulet Corporation (PODD) to Release Insulin Pump for People With Type II Diabetes

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Insulet Corporation CFO Brian Roberts says the company is working to launch a new version of its OmniPod insulin pump that is specifically designed for people with Type II diabetes. Roberts says Insulet plans to file for clearance of the new product with the FDA this year, and hopes to bring the pump to market in 2015.

“Back this past spring, we signed a partnership with Eli Lilly and Company. And that partnership was for us to modify our software, our hand-held of our insulin pump system, to design a version of the pump, which should be used with their Humulin U-500 insulin — which is a more concentrated, more potent form of insulin,” Roberts says. “That insulin is typically geared towards people living with Type II diabetes, who usually are more highly insulin-resistant, and therefore, require more insulin per day.”

http://www.twst.com/news/1357-insulet-corporation-podd-to-release-insulin-pump-for-people-
 
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