Insulet Corp (PODD)
Dvlp,mftr,mkt insulin infusion system for diabetes
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Insulet Corporation makes a great product for patient with diabetes. I bought it when I found out that I have a few friends that use this device and love it. I did a bit more research and think the are a solid company. Unfortunately, is appears Medicare will not pay their insulin delivery system so this will probably put a cap the potential profits they could be making. Medtronic, however, does have a competing product that is approved by Medicare.
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Two of my sisters have juvenile diabetes- they love the Omnipod, its a winner. And to boot, the Insiders jumped in heavy at its 52-week low. I'm in at $7.00.
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New VP Bill Arthur is a driving force has done nothing but succeed in this business for 20 years.
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I use there product and it is far superior to all of the other insulin pumps on the market. I have also seen that they are teaming up with several other companies to produce new products such as a combined pump and CGM that may combine the insulin pump and the CGM sensor so you only have to have one thing stuck on your body. That would be a relief for people like me who don't want to stick two things to their bodes.
Also I think that the innovative thinking that made them the first tubeless pump will help guide them to make more improvements to their product.
I think the worst case scenario is they get bought by some larger company like Medtronic or Abbott.
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Newly on the market medical device maker with very good buzz and decent returns.
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Great market space and product combined with solid management. What diabetic wouldnt want their product?

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