Insulet Corporation
↗Acton, USA
Insulet Corporation is a leading medical device company dedicated to simplifying life for people with diabetes through its Omnipod product platform. The company's flagship innovation, the Omnipod 5 Automated Insulin Delivery (AID) System, is the first and only tubeless AID system integrated with continuous glucose monitoring (CGM) technology to manage blood sugar without multiple daily injections or fingersticks.
Founded in 2000, Insulet has revolutionized the insulin pump market by replacing traditional tubed pumps with a discreet, wearable, and disposable 'Pod.' The company operates a high-volume, automated manufacturing model and distributes its products in over 25 countries. Beyond diabetes, Insulet leverages its Pod technology for the subcutaneous delivery of non-insulin drugs in other therapeutic areas through strategic partnerships.
CLASSIFICATION
Company Type:MedTech
Therapeutic Areas:-
Industry:Medical Devices
Sub-Industry:Diabetes Management / MedTech
SIZE & FINANCIALS
Employees:1001-5000
Revenue:$2.1B (2024)
Founded:2000
Ownership:public
Status:operating
FUNDING
Stage:Public
Total Raised:$120M (Pre-IPO)
Investors:Deerfield Management, OrbiMed, TIAA
STOCK
Exchange:NASDAQ
Ticker:PODD
Market Cap:$19.6B
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial (Omnipod 5)
Modalities:Wearable Medical Devices, Automated Insulin Delivery (AID), Digital Health Apps
Active Trials:27
Trial Phases:Phase 1: 2 | Phase 2: 5 | Phase 3: 10 | Phase 4: 10
FDA Approvals:5
EMA Approvals:3
CORPORATE STRUCTURE
Subsidiaries:Dynalloy, Inc., Insulet International Ltd
Key Partnerships:Dexcom (CGM integration for Omnipod 5), Abbott (Integration with FreeStyle Libre 2 Plus and Libre 3), Glooko (Cloud-based diabetes data management), Marvel (Diabetes awareness collaboration)
COMPETITION
Position:Leader
Competitors:Medtronic, Tandem Diabetes Care, Roche, Ypsomed, Abbott Laboratories, Dexcom
LEADERSHIP
Key Executives:
Ashley McEvoy - President & CEO
Flavia Pease - EVP & CFO
Eric Benjamin - EVP & COO
Scientific Founders:John L. Brooks III, Amparo Diaz, Duane DeSisto
Board Members:Timothy Scannell (Chair), Ashley McEvoy, Elizabeth Weatherman
LINKS
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