Registration is Now Open for Tribe Public’s Webinar Event "Diabetes Care Innovator Modular Medical Takes Next Steps" Featuring Modular Medical CEO on Friday, August 9, 2024
Rhea-AI Summary
Modular Medical (NASDAQ:MODD), a development-stage insulin delivery technology company, announces CEO Jeb Besser's upcoming presentation at Tribe Public's Webinar on August 9, 2024. The event, titled 'Diabetes Care Innovator Modular Medical Takes Next Steps', will showcase the company's efforts in developing user-friendly and affordable insulin pump technology.
The webinar comes amid projections of significant growth in the global diabetes care market, expected to reach $35.8 billion by 2028 from $18.9 billion in 2023. The insulin pump segment alone is forecasted to grow from $5.26 billion to $21.65 billion by 2032. Modular Medical aims to capitalize on this growth with its MODD1 technology, designed to empower the diabetes community.
Positive
- Modular Medical is positioning itself in a rapidly growing diabetes care market
- The insulin pump segment is projected to grow significantly, from $5.26 billion to $21.65 billion by 2032
- The company is developing user-friendly and affordable insulin pump technology, potentially addressing a market need
Negative
- Modular Medical is still in the development stage, without a market-ready product
- The company faces potential competition in a growing market with established players
News Market Reaction – MODD
On the day this news was published, MODD gained 1.29%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The global diabetes care market, valued at
$18.9 billion in 2023, is projected to reach$35.8 billion by 2028The insulin pump segment is expected to grow from
$5.26 billion to$21.65 billion by 2032Discover how Modular Medical is accelerating the development of technology to empower the whole diabetes community with MODD1
Meet with Modular Medical CEO Jeb Besser
SAN DIEGO, CA / ACCESSWIRE / August 8, 2024 / Modular Medical, Inc. (NASDAQ:MODD) ("Modular Medical" or the "Company"), a development-stage, insulin delivery technology company seeking to launch the next generation of user-friendly and affordable insulin pump technology, today announced that Jeb Besser, CEO of Modular Medical, will present at Tribe Public's Webinar Presentation and Q&A Event titled "Diabetes Care Innovator Modular
Medical Takes Next Steps." The Event is scheduled to begin at 8:30am pacific/11:30am eastern on Friday, August 9, 2024. To register to join the complimentary event, please visit the Tribe Public LLC at MODDAugust92024.TribePublic.com.
Once registered, participants may begin forwarding their questions for the CEO to Tribe Public at research@tribepublic.com or share their questions via the ZOOM chat feature during the event. Tribe Public's Managing Member, John F. Heerdink, Jr., will host the event and relay all questions to management.
About Modular Medical
Modular Medical, Inc. (NASDAQ:MODD) is a development-stage medical device company that intends to launch 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. The Company's 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://modular-medical.com.
All trademarks mentioned herein are the property of their respective owners.
ABOUT TRIBE PUBLIC LLC
Tribe Public LLC is a San Francisco, CA based organization that hosts complimentary worldwide webinar & meeting events in the U.S. Tribe's complimentary events focus on issues that the Tribe members care about with an emphasis on hosting management teams from publicly traded companies from all sectors & financial organizations that are seeking to increase awareness of their products, progress and plans. Tribe members primarily include Family Offices, Portfolio Managers, Registered Investment Advisors, Accredited Investors, Sell Side Analysts, and members of media. Tribe Members are encouraged to express their interest in speakers they care about and want to learn from at the Tribe Public website via the Tribe's FREE "Wish List" process. Visit Tribe Public's Website to learn more: http://www.tribepublic.com/
CONTACT:
Jeb Besser
Chief Executive Officer
Modular Medical, Inc.
+1 (617) 399-1741
IR@modular-medical.com
SOURCE: Modular Medical, Inc.
View the original press release on accesswire.com