Company Overview

Business Description

Sector
Health Care
Industry
Health Care
Headquarters
United States of America US
Employees
54
IPO date
Jan 13, 2006

Modular Medical is a medical device company focused on insulin delivery for people with diabetes. It is developing small, wearable patch-pump systems that deliver insulin without the traditional tube-and-pump setup. The company’s main idea is to make insulin delivery simpler, easier to use, and more accessible for patients who need ongoing insulin management.

Its products are aimed primarily at people with diabetes and, indirectly, at the healthcare providers and payers that support their treatment. Modular Medical makes money by selling its insulin delivery devices and the related disposable parts and supplies used with them. In this kind of business, the hardware helps establish the user, while the recurring sale of consumable components can support ongoing revenue.

What makes the company’s role distinctive is that it sits at the intersection of diabetes care and medical devices, where ease of use and reliable delivery matter a lot. Instead of building a broad hospital equipment line, it is concentrating on one specific job: helping patients manage insulin in a more compact and simplified way. That focused approach puts it in a specialized niche of the diabetes technology market.

Modular Medical Inc Investor Relations

Address
10740 Thornmint Road
San Diego, California
United States of America

Business Segments

Insulin pumps

Modular Medical develops insulin patch pumps and related delivery devices for people with diabetes who need continuous insulin dosing. The company designs the system, its disposable parts, and the controller used to mana...

Customers and revenue model

Management

Mr. Paul M. DiPerna

Founder, Chairman, President, CFO & Treasurer

Biography unavailable

Mr. James E. Besser

Chief Executive Officer

Biography unavailable

Mr. Kevin Schmid

Chief Operating Officer

Biography unavailable

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