Modular Medical Announces Completion of Research Initiative Indicating Strong Interest in Simpler Insulin Delivery
Rhea-AI Summary
Modular Medical (NASDAQ: MODD) reported results from a diabetes patient research initiative indicating strong demand for simpler insulin pump therapy among multiple daily injection users. In a 100-person assessment, 97% said they would consider pump therapy and were open to alternative treatment options.
The company highlighted unmet needs, including frequent hospitalizations related to severe glycemic events and difficulties finding private places to inject insulin. Modular Medical targets an estimated 4.5 million U.S. patients using both basal and mealtime insulin as the primary market for its Pivot tubeless insulin patch pump and has engaged Thrivable to conduct further research with 20 engaged patients and a 300-person survey.
Positive
- 97% of surveyed injection users expressed interest in insulin pump therapy and alternatives
- Target market defined as 4.5 million U.S. basal and mealtime insulin users
- Pivot tubeless patch pump designed for three-day continuous insulin delivery
- Additional research to include 20 in-depth patient engagements and 300-patient survey via Thrivable
Negative
- None.
Market reaction after diabetes patient research findings: MODD +8.02% in the Jul 14 session
In the Jul 14 session, MODD gained 8.02%, reflecting a notable positive market reaction. Argus tracked a peak move of +16.3% during that session. Argus tracked a trough of -5.0% from its starting point during tracking. Our momentum scanner triggered 17 alerts that day, indicating notable trading interest and price volatility. Trading volume was above average at 1.9x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 01 | Pivot enhancement submission | Positive | +4.0% | FDA submission of software enhancements for the Pivot tubeless insulin patch pump. |
| Jun 30 | First patient use | Positive | -7.8% | First patients completed training and began real-world use of Pivot pump. |
| Jun 26 | Initial pump shipments | Positive | +19.9% | Starter kits shipped to endocrinology practices to begin physician training and rollout. |
| Jun 24 | Commercial availability | Positive | -2.2% | Announcement of U.S. commercial availability and phased expansion plans for Pivot. |
| Jun 04 | Website launch | Positive | +6.4% | Launch of PivotPump.com to support patient education ahead of broader commercialization. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent Pivot-related milestones have produced mixed but often positive reactions, with three gains and two declines following generally constructive news.
Key Terms
diabetic ketoacidosis medical
hyperosmolar hyperglycemic state medical
continuous subcutaneous insulin infusion medical
basal medical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Conducting Additional Research Initiative in Conjunction with Commercialization of the Pivot Tubeless Insulin Patch Pump
Company to Showcase Pivot at Association of Diabetes Care & Education Specialists (ADCES) Annual Conference, August 7-10, 2026
SAN DIEGO, CA / ACCESS Newswire / July 14, 2026 / Modular Medical, Inc. ("Modular Medical" or "the Company") (NASDAQ:MODD), a commercial-stage medical device company that is commercializing the next generation of insulin delivery technology, today announced positive findings from a new comprehensive diabetes patient research initiative further supporting its commercialization strategy. The Company will share these findings and showcase its Pivot™ tubeless insulin patch pump at the upcoming Association of Diabetes Care & Education Specialists (ADCES) Annual Conference in Columbus, Ohio, August 7-10, 2026.
Research Reveals Strong Interest in Simple, Outcome-Improving Pump Therapy
Key findings from the assessment of 100 individuals utilizing multiple daily injections revealed significant unmet needs and strong interest in simplified insulin pump technology:
97% of participants stated they would be interested in insulin pump therapy and expressed openness to alternative treatment options.Among the
43% of participants who reported being hospitalized due to hyperglycemia, hypoglycemia, diabetic ketoacidosis (DKA), or hyperosmolar hyperglycemic state (HHS), nearly half reported experiencing such events two or more times annually.55% of participants reported finding themselves in environments that were not convenient or private for administering insulin injections at least twice per week, while31% experienced these situations more than four times per week.
"We believe the exceptionally high level of interest in simplified pump therapy validates our position that many people using multiple daily injections are ready to transition to an improved insulin delivery solution that reduces the burden without adding complexity," said Jeb Besser, Chief Executive Officer of Modular Medical. "This huge market opportunity extends well beyond traditional pump users and includes millions of individuals who are seeking better diabetes management experiences. We remain confident in our ability to execute on our business plan, as we bring to market an improved insulin pump with the ability to benefit so many people."
The research supports Modular Medical's belief that the estimated 4.5 million people in the United States living with Type 1 or insulin-requiring Type 2 diabetes, who utilize both basal and mealtime insulin injections represent an important and underserved population that will benefit from a simple, easy-to-adopt insulin delivery solution. These patients are considered the primary therapeutic target for the Pivot tubeless patch pump, a wearable device designed to provide continuous subcutaneous insulin infusion with both basal and bolus insulin delivery over a three-day wear period.
Building upon these findings, Modular Medical has engaged Thrivable, a leading patient insights and engagement company, for expanded research focused on people with diabetes who currently utilize multiple daily injections.
Under the engagement, Thrivable will tap into its 130,000+ triple-verified patient panel to:
Conduct in-depth engagement with 20 individuals living with diabetes
Deliver a survey with an additional 300 insulin-using patients
The resulting data and patient insights will assist Modular Medical to further refine its product positioning, patient engagement strategies, clinical planning, and commercialization efforts for the Pivot tubeless patch pump.
About the Pivot Insulin Delivery System
The Pivot insulin delivery system is a simple, wearable insulin delivery platform designed to provide continuous subcutaneous insulin infusion with both basal and bolus insulin delivery over a three-day wear period. The system is intended to offer a practical and accessible pathway from multiple daily injections to insulin pump therapy for a broader population of people living with diabetes, whereby the existing insulin-delivery offerings focus on the most technically proficient, highly motivated individuals. The Pivot product was purpose-built for adults with diabetes on daily injections who have faced cost, complexity, and usability barriers with traditional pump systems; a group that the Company calls the "almost-pumpers."
About Modular Medical, Inc.
Modular Medical, Inc. (Nasdaq:MODD) is a commercial-stage medical device company that is commercializing the next generation of insulin delivery technology. Using its patented technologies, the Company seeks to eliminate the tradeoff between complexity and efficacy, thereby making top quality insulin delivery both affordable and simple to learn. Its mission is to improve access to the highest standard of glycemic control for people with diabetes taking it beyond "superusers" and providing "diabetes care for the rest of us."
Modular Medical was founded by Paul DiPerna, a seasoned medical device professional and microfluidics engineer. Prior to founding Modular Medical, Mr. DiPerna was the founder (in 2005) of Tandem Diabetes and invented and designed its t:slim insulin pump. More information is available at https://www.modularmedical.com.
Pivot is a trademark of Modular Medical in the United States. All other trademarks mentioned herein are the property of their respective owners.
About Thrivable
Thrivable is the new standard for patient intelligence. As the cardiometabolic patient intelligence partner, we help diabetes, obesity, and life sciences teams understand patients faster, more representatively, and with more confidence. Learn more at thrivable.app.
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 expected benefits of the research initiative conducted with Thrivable, the size and value of the patient opportunity for the Company's Pivot product, the development, potential benefits, regulatory progress, commercialization, market opportunities, and patient adoption of the Pivot insulin delivery system, the Company's ability to convert patients to its Pivot pump product, 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, 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 Contact:
Valter Pinto
Managing Director
KCSA Strategic Communications
ModularMedical@KCSA.com
SOURCE: Modular Medical, Inc.
View the original press release on ACCESS Newswire