Modular Medical Partners With Phillips-Medisize To Expand Insulin Delivery Alternatives
Portfolio Pulse from Happy Mohamed
Modular Medical, Inc. (NASDAQ:MODD) has announced a collaboration with Phillips-Medisize, a Molex company, to expand insulin delivery alternatives. Phillips-Medisize will provide design, development, and high-volume manufacturing capabilities for the MODD1 Insulin Delivery System. The collaboration aims to accelerate the development process and prepare for significant scalability and market launch readiness.
August 16, 2023 | 8:02 pm
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Modular Medical's partnership with Phillips-Medisize could accelerate the development and market readiness of its MODD1 Insulin Delivery System, potentially boosting its market position and revenues.
The partnership with Phillips-Medisize, a company with deep medical device and diabetes disease experience, could significantly accelerate the development and market readiness of Modular Medical's MODD1 Insulin Delivery System. This could potentially boost the company's market position and revenues in the short term.
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