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Companion Medical

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Companion Medical - Healthcare showcase

Year Founded & Workforce

2012-12-31

200 Employees

Industry

Healthcare

Services

C

Companion Medical Overview

Company Headquarters: California, US

Founded: 2013

Workforce: ~51-200

Company Working: Companion Medical is a leader in the development of innovative solutions & advanced technology for the management of diabetes. It is the first company to received US Food and Drug Administration (FDA) approval for InPen, a smart insulin pen used to improve diabetes care. The InPen system is consists of a Bluetooth-enabled pen that is connected to an app that offers dose reminders for patients. The company offers its products in the treatment of Type 1 and Type 2 diabetes. The firm has a strong presence in North America and Europe.

Strategy

Companion Medical focuses on increasing its strategic collaborations with leading companies to spreads its network across the globe. Moreover, it acquired organic growth strategies such as expansion & products launch to increase its market share and geographical presence across the globe.

Company Snapshot

200

Employees

2012-12-31

Founded

California, US

Headquarters

SWOT Analysis

Strengths

  • Strong research and development capabilities
  • Strong product portfolio
  • Skilled workforce

Weaknesses

  • Lower focus on emerging market

Opportunities

  • Partnerships and collaborations for product line expansion

Threats

  • Rapid technological changes
  • Changing regulatory environment

Key Developments

DateApproachDevelopment
February 2020PartnershipCompanion Medical entered into a partnership with Senseonics Holdings, Inc. (US) to integrate Eversense CGM System real-time glucose data with the InPen smart system that used in insulin delivery.
June 2019CollaborationCompanion Medical entered into a collaboration with DexCom, Inc. (US). This collaboration enables both companies to improve decisions for patients for the management of diabetes treatment.
April 2019ExpansionCompanion Medical expanded its manufacturing & R&D facilities based in San Diego (US). This expansion helped the company to increase its production capacity for smart pens to match the demand in the market.
January 2019Platform LaunchCompanion Medical launched the Android version of its InPen App. This app manages the patient’s insulin doses and provides data for healthcare physicians to make better decisions in the management of diabetes treatment.
July 2018ApprovalCompanion Medical received CE mark approvals for the InPen system. This Approval helped the company to launch & markets its products in the European region.

Product Offering

  • Companion Medical
    • Smart Insulin Pen

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Companion Medical as part of our ongoing coverage of the Healthcare sector, drawing on public company data, filings, and market intelligence.

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Companion Medical

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