Insulet CorporationPODDNASDAQ
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Company Overview

: PODD

insulet corporation is an innovative medical device company based in billerica, massachusetts. it was founded in 2000 with the mission of improving the lives of people with diabetes. specifically, through its revolutionary omnipod insulin management system, insulet seeks to expand the use of insulin pump therapy. studies have demonstrated the advantages of insulin pump therapy over multiple daily insulin injections (mdi); these advantages include better glycemic control, fewer hypoglycemic events, reduced glycemic variability1 and improved quality of life2. despite these benefits, most people still choose mdi therapy largely due to the complexity, cost and inconvenience of conventional pump technology. the omnipod is a discreet and easy-to-use system that eliminates many of the issues associated with conventional pumps. improvements include omnipod's lack of tubing; automated, virtually pain-free insertion; and two straightforward parts that communicate wirelessly. by breaking down

Key Statistics

Market Cap
$19.60B
Price
$278.55
Volume
601.46K
Employees
2.49K
IPO Date
N/A
Currency
USD

Industry Classification

Sector
Manufacturing
Industry
Surgical and Medical Instrument Manufacturing

Company Information

Chief Executive Officer
Shacey Petrovic
Headquarters
100 Nagog Park, Acton, Massachusetts 01720-3440
Country
US
Phone
19786007000