Faulty insulin pump tech led to hundreds of injuries, prompting app ecall [CBS News]
Tandem Diabetes Care, Inc. (TNDM)
Last tandem diabetes care, inc. earnings: 4/30 04:05 pm
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Source: CBS News
The software glitch has prompted the recall of more than 85,000 versions of a mobile app, called t:connect and developed by Tandem Diabetes Care, the FDA noted on Wednesday. The Apple iOS-based software recall involves Version 2.7 of the mobile app, which works with the t:slim X2 insulin pump with Control-IQ technology. The issue can cause the app to continuously crash and restart, draining the pump's battery. A shutdown of the pump suspends the delivery of insulin, which can result in hyperglycemia or even ketoacidosis, a potentially life-threatening condition that can require hospitalization or intervention by a medical professional. Tandem urged patients and physicians who use the device to update the app to version 2.7.1 or later as soon as possible. As of April 15, there have been 224 reported injuries and no reports of death, according to the notice posted by the FDA. Roughly 38 million people in the U.S. have diabetes, according to the Centers for Disease Control and P
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News
- Tandem Diabetes (TNDM) Hits 52-Week High: What's Driving It? [Yahoo! Finance]Yahoo! Finance
- FDA issues 'most serious type of recall' for insulin pump-related iOS app [FOX Business Network]FOX Business Network
- FDA recalls defective iOS app that injured over 200 insulin pump users [Verge, The]Verge, The
- $375+ Billion Drug Delivery Devices Markets - Global Industry Size, Share, Trends, Opportunity, and Forecasts, 2019-2023 and 2024-2029F [Yahoo! Finance]Yahoo! Finance
- Tandem Diabetes Care, Inc. (NASDAQ: TNDM) had its price target raised by analysts at Barclays PLC from $39.00 to $55.00. They now have an "overweight" rating on the stock.MarketBeat
TNDM
Earnings
- 5/2/24 - Beat
TNDM
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- TNDM's page on the SEC website