Embecta Receives 510(K) Clearance From FDA For Its Proprietary Disposable Insulin Delivery System
Portfolio Pulse from Benzinga Newsdesk
Embecta has received FDA 510(K) clearance for its new disposable insulin delivery system, designed for adults with diabetes. The system features a tubeless patch pump with a 300-unit insulin reservoir, developed with input from type 2 diabetes patients and healthcare providers.
September 03, 2024 | 10:31 am
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Embecta's FDA clearance for its disposable insulin delivery system is a significant milestone, potentially boosting its market position in diabetes care. The system's innovative design caters to the needs of type 2 diabetes patients.
The FDA clearance is a critical regulatory milestone that allows Embecta to market its new insulin delivery system. This product addresses a significant need in diabetes management, particularly for type 2 diabetes patients, which could lead to increased adoption and sales. The news is likely to positively impact Embecta's stock price in the short term as it strengthens its product portfolio and market position.
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