STOCK TITAN

Modular Medical and IMO Health Launch Strategic Pilot to Enable Real Time Insulin Pump Patient Identification Into Electronic Health Records

(Neutral)
Tags

Modular Medical (NASDAQ: MODD) announced a pilot collaboration with IMO Health to build a terminology-powered phenotypic algorithm that identifies diabetes patients who may benefit from Pivot tubeless patch insulin pump therapy directly within electronic health records (EHRs).

The project targets multiple‑daily‑injection patients showing pump hesitancy, prior pump failure, or suboptimal outcomes, using clinician‑guided phenotypes mapped to IMO Health’s validated terminology value sets. Modular Medical plans to pilot the solution at a large‑scale diabetes center and create a scalable framework supporting its expected fourth quarter commercial launch of the Pivot pump.

Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

Market reaction after Pivot pump EHR partnership: MODD -22.67% in the Jul 16 session

-22.67% 2.1x vol
14 alerts
-22.67% Session close to close
-34.1% Trough in 28 hr 51 min
$23.33M Market Cap
2.1x Rel. Volume

In the Jul 16 session, MODD declined 22.67%, reflecting a significant negative market reaction. Argus tracked a trough of -34.1% from its starting point during tracking. Our momentum scanner triggered 14 alerts that day, indicating notable trading interest and price volatility. Trading volume was elevated at 2.1x the daily average, suggesting increased selling activity.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -22.7% in the session following this news. If shares sold off sharply on this coll...
Analysis

The stock dropped -22.7% in the session following this news. If shares sold off sharply on this collaboration, it would echo prior pullbacks of -7.79% and -2.78% after positive Pivot updates, while the effective S‑3 shelf keeps the possibility of additional equity financing risk in view.

Historical Context

5 past events · Latest: Jul 15 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jul 15 Market research findings Positive -2.8% Independent market research showed positive payor reception for the Pivot patch pump.
Jul 14 Patient research results Positive +9.8% Patient research indicated strong interest in simpler insulin pump therapy among MDI users.
Jul 01 FDA submission Positive +4.0% Company submitted software enhancements for the FDA‑cleared Pivot tubeless insulin patch pump.
Jun 30 First patient use Positive -7.8% First patients completed training and started real‑world use of the Pivot pump.
Jun 26 Initial pump shipments Positive +19.9% Pivot starter kits began shipping to endocrinology practices ahead of phased launch.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent Pivot-related announcements have produced mixed reactions, with more rallies than selloffs but notable divergences on otherwise positive commercialization updates.

Key Terms

electronic health record, ehr, multiple‑daily‑injection, mdi, +2 more
6 terms
electronic health record technical
"directly within the electronic health record (EHR)."
A digital version of a patient’s medical chart that collects health information — diagnoses, medications, lab results, imaging and doctors’ notes — in one place so authorized clinicians can view and update it. For investors, electronic health records matter because they drive revenue and costs for companies that build, sell or rely on them, influence how quickly care is delivered, and create opportunities (and risks) tied to data access, software updates, regulation and patient privacy. Think of it as an online file cabinet for health that affects how the healthcare system runs and spends money.
ehr technical
"directly within the electronic health record (EHR)."
EHR stands for electronic health record, a digital version of a patient’s complete medical file that replaces paper charts and collects diagnoses, medications, test results and treatment history in one place. For investors, EHR systems matter because they drive recurring revenue for software and services, affect healthcare providers’ costs and efficiency, and create data assets and integration opportunities that can influence a company’s growth and regulatory risk.
multiple‑daily‑injection medical
"surface multiple‑daily‑injection (MDI) patients, who exhibit clinical characteristics"
A multiple-daily-injection regimen is a diabetes treatment plan in which a person gives themselves several insulin shots each day—typically a long-acting dose to cover baseline needs and short-acting doses at mealtimes and for corrections. Think of it like scheduled and on-demand watering for a plant: routine background supply plus extra when spikes occur. It matters to investors because the approach affects demand for different insulin types, delivery devices, adherence patterns, clinical outcomes, and related healthcare costs.
mdi medical
"surface multiple‑daily‑injection (MDI) patients, who exhibit clinical characteristics"
A metered-dose inhaler (MDI) is a small, handheld device that sprays a measured amount of medicine directly into the lungs to treat breathing problems like asthma or other chronic lung conditions. Investors watch MDIs because regulatory approvals, manufacturing capacity, device patents and supply chain reliability determine whether a respiratory drug can be sold at scale; think of the MDI as the product’s delivery packaging — its quality and availability directly affect sales, costs and risk.
phenotypic algorithm medical
"develop a deployable terminology-powered phenotypic algorithm designed to identify"
A phenotypic algorithm is a computer method that looks for patterns in observable traits—symptoms, lab values, imaging, or cell behavior—to classify patients, predict outcomes, or detect how a drug changes biology without depending only on DNA. Think of it like a detective matching visible clues to identify groups or effects. For investors, it matters because these algorithms can speed research, sharpen diagnostics, and help target therapies, influencing development timelines and commercial potential.
glycemic targets medical
"Identify MDI patients who are not meeting glycemic targets or who required"
Glycemic targets are the specific blood sugar levels clinicians or clinical trial protocols aim to achieve and keep for people with diabetes, typically given as ranges for fasting, premeal, postmeal glucose and as an average A1C percentage. They matter to investors because these targets define success measures for drugs, devices and clinical trials and shape treatment guidelines and market uptake—much like performance goals that determine whether a product meets regulatory and customer expectations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
  • Pilot Combines Clinician Guided Phenotypes with IMO Health's Unique Terminology Identifiers to Help Clinicians Easily Identify Patients Most Likely to Benefit from Pivot Insulin Pump Therapy

  • Advancing Towards Fourth Quarter Commercial Launch of Pivot Pump

SAN DIEGO, CA AND ROSEMONT, IL / ACCESS Newswire / July 16, 2026 / Modular Medical, Inc., ("Modular Medical" or "the Company") (NASDAQ:MODD), a commercial-stage medical device company preparing for the commercial launch of its next-generation Pivot™ tubeless patch pump, today announced an important pilot collaboration with IMO Health, whose expert-curated clinical terminology and accountable healthcare AI solutions are used across nearly all U.S. health systems to transform healthcare data into trusted clinical context. Through this pilot, Modular Medical and IMO Health expect to develop a deployable terminology-powered phenotypic algorithm designed to identify diabetes patients who may benefit from insulin pump therapy directly within the electronic health record (EHR).

The pilot aims to help clinicians successfully surface multiple‑daily‑injection (MDI) patients, who exhibit clinical characteristics associated with insulin pump hesitancy or prior pump failure, enabling more timely and targeted conversations about modern pump therapy options, such as the Company's Pivot pump.

"Clinicians often know which patients could benefit from pump therapy but identifying them within the EHR can be time consuming and inconsistent," said Matt McKinley, Executive Vice President and General Manager of Life Sciences at IMO Health. "By combining our terminology expertise with Modular Medical's clinician guided phenotypes, we expect to create a practical, scalable tool that reduces burden on clinicians and helps ensure patients who stand to benefit from pump therapy are not overlooked."

"Commercial success isn't only about building a better insulin pump, it's about helping clinicians identify the patients who will benefit from it," said Jeb Besser, Chief Executive Officer of Modular Medical. "This collaboration with IMO Health should allow us to find those patients more effectively and bring modern pump therapy to individuals who may have been underserved by existing technologies, while minimizing clinician effort in identification. We believe this capability can become an important component of our commercial strategy as Pivot launches and scales."

Modular Medical will pilot this initiative with a large‑scale diabetes center, as part of its preparation for the expected fourth quarter commercial launch of the Pivot tubeless patch pump. The pilot will also establish a scalable framework for multi‑site deployment, ensuring consistent performance across diverse health‑system environments.

Clinician Guided Patient Identification Powered by IMO Health

With input from expert clinicians, Modular Medical and IMO Health have defined the clinical characteristics commonly observed in patients who have either avoided pump therapy or discontinued traditional pumps. These include:

  • Phenotypic patterns associated with suboptimal outcomes from multiple daily injections

  • Pump‑hesitancy traits, such as concerns about device complexity, alarm burden, or lifestyle disruption

  • Pump‑failure indicators, including infusion‑set challenges, workflow friction, or difficulty managing traditional interfaces

These insights form the foundation of a terminology‑powered phenotypic model that can be recognized and acted upon within the EHR.

IMO Health will translate these defined characteristics into validated terminology value sets, which are precise groupings of clinical documentation that capture physician intent when documenting symptoms, findings, and diagnoses. These value sets emulate clinician reasoning and identify patients with diabetes who demonstrate an elevated likelihood of benefiting from pump therapy.

Once deployed, the solution is expected to help health systems:

  • Identify MDI patients who are not meeting glycemic targets or who required emergency room visits

  • Surface pump‑eligible candidates during routine visits

  • Reduce clinician burden by automating complex chart review

  • Support equitable access to advanced diabetes technology

About Modular Medical, Inc.

Modular Medical, Inc. (NASDAQ:MODD) is a commercial-stage medical device company focused on the development of innovative insulin delivery technologies designed to simplify diabetes management and increase access to insulin pump therapy. The Company's Pivot™ tubeless patch pump has been developed to provide a user-friendly, flexible, and accessible approach to insulin delivery for people requiring intensive insulin therapy.

About IMO Health

IMO Health is an AI-native clinical data intelligence company helping provider, health tech, and life sciences organizations transform complex healthcare data into accurate, reliable insights. Built on decades of expert-curated clinical terminology and accountable AI, they deliver trusted clinical context that advances research, accelerates innovation, and enhances patient care.

Forward-Looking Statements

This press release contains forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, trends, and uncertainties that could cause actual results to be materially different from the forward-looking statements contained in this press release, including but not limited to, the Company's expected commercial launch of its Pivot product in the fourth quarter of 2026, the expected benefits and timing of the strategic pilot being conducted with IMO Health, the Company's ability to convert patients to use its Pivot pump product, the Company's ability to obtain payor reimbursement for its products, successful development of Modular Medical's proprietary technologies, whether the market will accept Modular Medical's products and services, anticipated consumer demand for the Company's products, whether Modular Medical can successfully manufacture its products at high volumes, and general economic, and industry or political conditions in the United States or internationally, as well as other risk factors and business considerations described in Modular Medical's SEC filings, including its annual report on Form 10-K. Any forward-looking statements in this press release should be evaluated in light of these important risk factors. In addition, any forward-looking statements included in this press release represent Modular Medical's views only as of the date of its publication and should not be relied upon as representing its views as of any subsequent date. Modular Medical assumes no obligation to update these forward-looking statements, except as required by law.

Company Contact:

Jeb Besser
Chief Executive Officer
Modular Medical, Inc.
IR@modular-medical.com

Investor Relations Contact:

Valter Pinto, Managing Director
KCSA Strategic Communications
ModularMedical@KSCA.com

SOURCE: Modular Medical, Inc.



View the original press release on ACCESS Newswire

FAQ

What did Modular Medical (NASDAQ: MODD) announce with IMO Health on July 16, 2026?

Modular Medical announced a strategic pilot with IMO Health to build an EHR-integrated algorithm that identifies diabetes patients suited for Pivot insulin pump therapy. According to Modular Medical, this tool will use clinician-guided phenotypes and IMO’s terminology to flag appropriate candidates directly within health system workflows.

How will the Modular Medical and IMO Health pilot help identify insulin pump candidates for MODD’s Pivot pump?

The pilot will use clinician-defined phenotypes and IMO Health terminology to find multiple-daily-injection patients likely to benefit from pump therapy. According to Modular Medical, these patterns include pump hesitancy, prior pump failure, and suboptimal injection outcomes, enabling more targeted conversations about Pivot pump adoption.

How does this IMO Health collaboration support Modular Medical’s Pivot pump commercial launch?

The collaboration supports Modular Medical’s expected fourth quarter commercial launch of the Pivot tubeless patch pump by improving patient identification. According to Modular Medical, the pilot with a large-scale diabetes center should establish a scalable, multi-site framework that integrates Pivot-related phenotypes into routine EHR workflows.

What clinical characteristics are used to identify pump-hesitant or pump-failure patients for Modular Medical’s Pivot pump?

The model focuses on phenotypic patterns of suboptimal multiple daily injection outcomes, pump hesitancy, and pump failure indicators. According to Modular Medical, this includes concerns about device complexity, alarm burden, lifestyle disruption, infusion-set issues, workflow friction, and difficulty managing traditional pump interfaces.

How will the EHR-based solution from Modular Medical and IMO Health reduce clinician burden?

The solution is expected to automate complex chart reviews by surfacing eligible pump candidates directly within routine EHR use. According to Modular Medical, it aims to identify MDI patients missing glycemic targets or requiring emergency visits, while easing clinicians’ workload and standardizing identification across health systems.

What benefits for diabetes health systems are expected from the Modular Medical (MODD) and IMO Health pilot?

Health systems are expected to better identify MDI patients not meeting glycemic goals, surface pump-eligible candidates, and reduce clinician burden. According to Modular Medical, the EHR-integrated model also aims to support more equitable access to advanced insulin pump technology like the Pivot tubeless patch pump.