Modular Medical in the spotlight

Insulin Pump Awaits FDA Approval Amidst Competitive Market Dynamics and Funding Needs

Modular Medical ($MODD) announced the 510(k) submission of their MODD1 insulin pump to the FDA last week. On average, the FDA takes approximately six months to approve devices submitted through the 510(k) process. However, that timeline greatly varies case by case. Tandem’s ($TNDM) newest insulin pump, called Mobi, took 9 months for the FDA to clear the…