Tandem Diabetes Care Urges iOS Users to Update App to Prevent Insulin Pump Battery Issues
Portfolio Pulse from Benzinga Newsdesk
Tandem Diabetes Care is releasing an update for its iOS t:connect app to fix a battery issue in its t:slim X2 insulin pump, which can lead to serious health risks. The update is set for August 20, 2024, following a March recall.
August 20, 2024 | 6:59 am
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NEUTRAL IMPACT
Apple's iOS platform is involved as Tandem Diabetes Care releases an app update to fix a critical issue in its insulin pump. The update is crucial for user safety but does not directly impact Apple's operations.
The update is related to an app on Apple's iOS platform, but it does not directly affect Apple's business or financials. The relevance to Apple is minimal.
CONFIDENCE 80
IMPORTANCE 20
RELEVANCE 20
NEUTRAL IMPACT
Tandem Diabetes Care is addressing a critical battery issue in its t:slim X2 insulin pump with an iOS app update. The issue, linked to a March recall, has led to 143 adverse events, including two hospitalizations.
The update addresses a significant safety issue that has already resulted in adverse events. While the update is a positive step, the recall and adverse events may weigh on investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100