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Tandem Diabetes Launches a New Version of Its Insulin Pump


New software technology will make its insulin pumps even more effective.

AN INSULIN PUMP. IMAGE SOURCE: GETTY IMAGES.

Tandem Diabetes (NASDAQ:TNDM) today announced the commercial launch of the newest version of its flagship insulin pump in the U.S. market. The company's signature t:slim X2 insulin pump will also now come with Control-IQ technology, which is meant to help stabilize blood sugar levels via an automated insulin dosing system.


Insulin pumps are a type of insulin delivery device that simulate the way the pancreas works by delivering small doses of insulin throughout the body. Tandem's main product is its t:slim X2 pump, one of the top insulin pumps in the market right now, with sales having seen dramatic growth over the past couple of years.


"Control-IQ technology has been described by study participants and investigators as 'life-changing,' 'easy to use,' and 'a new standard of care in insulin therapy management'," said Tandem CEO John Sheridan. This technology, which will be made available to existing t:slim users via a software update, is only compatible with one other insulin monitoring system out there, Dexcom's G6 continuous glucose monitoring tool (the G6, however, is not an insulin pump). 



Written by: Mark Prvulovic (TMFmarkprvulovic)

Published on: Jan 15, 2020 at 6:25PM

https://www.fool.com/investing/2020/01/15/tandem-diabetes-launches-a-new-version-of-its-insu.aspx


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