Northerner
Admin (Retired)
- Relationship to Diabetes
- Type 1
Medtronic ($MDT) is just a few days away from detailing pivotal data for its hybrid Closed Loop System at the American Diabetes Association conference. That's expected to be followed by a PMA submission in June, with an approval anticipated to follow in the spring.
"By the end of this month, the end of June, we are going to be submitting the PMA for the world' s first hybrid closed loop system, which we feel will put us somewhere in the neighborhood of at least two years to three years ahead of where the competition is going to be," said Hooman Hakami, EVP and group president of Medtronic Diabetes, at the company's recent investor day.
But the medical device giant doesn't plan to stop at being the first to bring an artificial pancreas system to market. Ultimately, it's looking to create a fully closed loop system. The current hybrid system relies upon two separate products, a continuous glucose monitor and an insulin pump that have been combined to work together to automatically regulate insulin delivery based on real-time blood glucose data.
http://www.fiercemedicaldevices.com...ad-competition-artificial-pancreas/2016-06-08
"By the end of this month, the end of June, we are going to be submitting the PMA for the world' s first hybrid closed loop system, which we feel will put us somewhere in the neighborhood of at least two years to three years ahead of where the competition is going to be," said Hooman Hakami, EVP and group president of Medtronic Diabetes, at the company's recent investor day.
But the medical device giant doesn't plan to stop at being the first to bring an artificial pancreas system to market. Ultimately, it's looking to create a fully closed loop system. The current hybrid system relies upon two separate products, a continuous glucose monitor and an insulin pump that have been combined to work together to automatically regulate insulin delivery based on real-time blood glucose data.
http://www.fiercemedicaldevices.com...ad-competition-artificial-pancreas/2016-06-08