Pelikan Swoops in on the Big Four

Following the strategy of those icons of success in the diabetes industry, Medisense and Therasense, Pelikan Technologies is executing well on its plan to develop a glucose monitoring platform that offers convience and freedom from pain, to reduce the current hurdles that prevent patients with diabetes from testing as much as they should. (Part of a group of articles that includes: "Where are They Now? Checking in on Three Glucose Monitoring Companies," "A Decade of Development of SMSI: Will it Yield Improved Accuracy in CGM?" and "GlucoLight: Making Non-Invasive Glucose Monitoring Real."

Since we last spoke with the management of Pelikan Technologies Inc. in 2003, the company has accomplished three rounds of funding, raising an additional $127 million in equity as well as $20 million plus in venture loans. (See Exhibit 2). [See Deal][See Deal] In the past three years, Pelikan has acquired and integrated a company developing an advanced electrochemical sensor, Inventus BioTec (renamed Albatros Technologies), as a core component of its future one-step glucose monitor,[See Deal] lined up a manufacturing partner, Flextronics International (the same contract manufacturer with which Insulet Corp. has an outsourcing agreement on its disposable insulin pumps), and launched its first-generation product, the Pelikan Sun electronic lancing device, to markets in Europe and Australia, with its US release imminent.

The company is executing well on its original plan to develop a product that offers convenience and freedom from pain, to reduce the current hurdles that prevent patients with diabetes...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Medtech Insight for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Archive

Final Chance To Have Your Say: Take Our Reader Survey This Week

 
• By 

Editor’s note: This is your final call to participate in the survey to better understand our subscribers’ content and delivery needs. The deadline is 20 September.

Shape Our Content: Take The Reader Survey

 
• By 

Editor’s note: We are conducting a survey to better understand our subscribers’ content and delivery needs. If there are any changes you’d like to see in coverage topics, content format or the method in which you receive and access Medtech Insight, or if you love it how it is, now is the time to have your voice heard.

Patients With Movement Disorders Will Benefit From Medtronic’s Expanded MRI Labeling For DBS

 
• By 

Medtronic announced it received expanded MRI labeling for its DBS systems, which is critical, given that almost 70% of all DBS-eligible patients will likely need an MRI at some point in their care, says Ashwini Sharan, CMO for Medtronic Neuromodulation.

Podcast: Lung Life AI CEO Shares Regulatory And Reimbursement Journey For Lung Cancer Diagnostic

 

In this episode, Medtech Insight reporter Natasha Barrow speaks to LungLife AI CEO Paul Pagano. Lung Life AI is a US-based AIM-listed medical technology company that has developed a liquid biopsy test for the early detection of lung cancer called Lung LB. Pagano runs through the highlights of Lung Life AI journey to date and its future ambition for a strategic partnership. He also provides advice to similar diagnostic companies seeking reimbursement andcompliance with the US FDA Lab Developed Test ruling.

More from Medtech Insight

Get Ready For International Harmonization Before Approaching QMSR Deadline, Says Regulatory Expert

 

During MD&M East last week, regulatory consultant Darren Reeves reminded device manufacturers that the time to get ready to comply with the new Quality Management System Regulation is now.

Handheld Diagnostics: A Resurging Category That is Here to Stay

 

Handheld diagnostics are more powerful, accessible and clinically relevant than ever. Medtech Insight spoke to companies behind such technologies to learn how they work and discuss their commercial models.

Execs On The Move: 12-23 May 2025

 
• By 

An interactive look at recent executive-level company changes and promotions in the medical device and diagnostics industries.