- The FDA has cleared Insulet Corporation's PODD Omnipod 5 Automated Insulin Delivery System for individuals aged two years and older with type 1 diabetes (T1D).
- Omnipod 5 is tubeless automated insulin delivery (AID) system in the U.S. that was initially cleared for use in individuals aged six and older in January 2022.
- Also Read: Insulet Posts Q2 Revenue Beat, Lifts FY22 Guidance.
- In a recent publication by Sherr et al. in Diabetes Care, Omnipod 5 significantly improved time in range and reduced HbA1c and time in hypoglycemia (<70 mg/dL) in very young children (aged 2 – 5.9 years) with type 1 diabetes.
- Related: Insulet Highlights New Data For Omnipod 5 System For Type 1, Type 2 Diabetes.
- Healthcare professionals can now prescribe Omnipod 5 to their patients with insurance coverage. Patients can access their prescription through the pharmacy channel, meaning there is no contract or commitment.
- Price Action: PODD shares closed at $267.42 on Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in