Will Simpler Devices Tap the Largest Diabetes Market?
• By Andrew Funderburk, Health Advances, Kathryn Strayer-Benton, Marie Schiller, and Sheela Hegde
The clinical community and the medical device industry are finally turning their attention to the majority of patients with diabetes: the type 2s. They're an underserved group in a potential market that dwarfs that of type 1 diabetes. Health Advances LLC believes that the next disruptive technology in diabetes management will come in the form of lower-cost, easy-to-use insulin pumps for the masses. And there are at least 16 such pumps in development. (See also the sidebar, CeQur: Conforming to the Lifesyle of the Type 2).
Marie Schiller, Andrew Funderburk, Sheela Hegde, and Kathryn
Strayer-Benton
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As biopharma derisks its business with China ‘rebalancing’ strategies, Syngene could convert majority of such pilots into full program contracts amid a challenging FY2025. The CRDMO also expects business discussions pertaining to a newly acquired US biologics site to mature into commercial opportunities.