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Balance Sheet Cash Flow Statement 9 Oak Park Dr. Bedford, MA 01730 MA Tel. 781-457-5000 Fax 781-457-5011 |
Type: Public
On the web:
http://www.MyOmniPod.com
Employees:
294
Employee growth: 19.0%
Insulet wants to isolate an insolent disease. The medical device company manufactures an insulin pump for people with insulin-dependent diabetes. Its disposable, waterproof product, called the OmniPod Insulin Management System, weighs a mere 1.2 ounces and adheres directly to the patient's skin, making it more discrete than most insulin infusion systems that typically clip to a belt or fit in a pocket. The company markets its products to doctors, patients, and managed care companies. Insulet was founded in 2000 and received clearance in 2005 from the FDA to market its OmniPod system. The company conducted an IPO in 2007.
Key numbers for fiscal year ending December, 2008:
Sales: $36.1M
One year growth: 169.7%
Net income: ($92.8)M
Officers:
President, CEO, and Director: Duane M. DeSisto
COO: Luis J. Malavé
CFO: Brian K. Roberts
Competitors:
Animas
Medtronic
Smiths Medical




