Tandem Diabetes Care Applies for Health Canada Medical Device License
Commercial launch of the t:slim X2 Insulin Pump in
"This application is another important step toward achieving our
strategic goal of bringing the benefits of the t:slim X2 Insulin Pump to
people outside of
The Company anticipates that the t:slim X2 Insulin Pump offered in
Canadian residents interested in signing up for email updates on
Tandem's plans in
About the t:slim X2 Insulin Pump
The simple-to-use t:slim X2 Insulin Pump includes advanced features like
a large color touchscreen, Bluetooth® radio, rechargeable battery, USB
connectivity and watertight construction (IPX7)2. It is the
only pump that integrates with Dexcom G5® Mobile CGM, the first
CGM-enabled pump approved in
Diabetes in
According to Diabetes Canada (www.diabetes.ca), there are more than 3.4 million people with diabetes in the country.5 By 2020, diabetes is expected to account for more than 3.5% of total public health care spending, accounting for CAN$16.9 billion in annual health care costs.6 Insulin pumps and diabetes supplies are a covered benefit for qualifying recipients of disability tax credit, assistive devices programs, and qualifying expenses for registered disability savings plans offered in various forms across Canadian provinces.7
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Forward Looking Statements
This press release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, that
concern matters that involve risks and uncertainties that could cause
actual results to differ materially from those anticipated or projected
in the forward-looking statements. These forward-looking statements
relate to, among other things, the timing of review of a Canadian health
care medical device license application, the anticipated launch of a
Tandem product in
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1 Dexcom G5 Mobile CGM
sold separately.
2 Tested to a depth of 3 feet for 30
minutes
3 CGM-based treatment requires fingersticks for
calibration; may result in hypoglycemia if calibration not performed,
when taking acetaminophen, or if symptoms/expectations do not match CGM
readings.
4 38% smaller than MiniMed 630G and 670G and
at least 28% smaller than MiniMed 530G, Animas Vibe and Omnipod System.
Data on file,
5 Estimated diabetes
statistics in
6 An Economic Tsunami: the Cost of Diabetes in
7 http://www.diabetes.ca/about-cda/public-policy-position-statements/access-to-diabetes-medication-supplies-medical-devices
View source version on businesswire.com: http://www.businesswire.com/news/home/20180220006513/en/
Tandem Diabetes Care Contact Information:
Media:
ssabicer@thesabicergroup.com
or
Investors:
smorrison@tandemdiabetes.com
Source:
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