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Insulet Corporation

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Insulet Corporation - Healthcare showcase

Year Founded & Workforce

2000

Industry

Healthcare

Services

Omni pod
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Insulet Corporation Employee Contacts

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Insulet Corporation Overview

Established in 2000 and headquartered in Billerica, MA United States, Insulet Corporation is one of the leading insulin device companies in the US which is dedicated to making the lives of diabetic patients easier through one of its major products, named Omnipod Insulin Management System. The company’s major motive is to expand the use of insulin pumps among patients who are dependent on insulin pumps.

Company Snapshot

$24.7M

Revenue

2000

Founded

Key Developments

DateApproachDevelopment
––Insulet Corporation announced development partner for its omnipod artificial pancreas. This partnership is done on the basis of developing and incorporating advanced artificial pancreas algorithm created by renowned researcher, Francis Doyle PhD, Eyal Dassau PhD, and Howard Zisser MD.
––Insulet Corporation Issues recall for their product OmniPod Insulin Management System. There were 40,846 boxes (10 Pods per box) of the OmniPod (Pod) Insulin Management System recalled by the company due to the possibility that some of the pods from these lots may have a higher rate of failure than Insulet's current manufacturing standards.

Product Offering

  • Insulet Corporation
    • Omni pod

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Revenue rose from USD 24.7 Mn in 2013 to USD 32.4 Mn in 2015.
Insulet Corporation — By Business Segment
Series (USD Mn)201320142015
Revenue24.728.832.4

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