Medtronic Initiates U.S. Launch of World's First Hybrid

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
167
Medtronic Initiates U.S. Launch of World's First Hybrid Closed Loop System for Type 1 Diabetes

The MiniMed(TM) 670G System Features the Company's Most Advanced SmartGuard(TM)HCL Technology and New Guardian(TM) Sensor 3

DUBLIN - June 7, 2017 - Medtronic plc (NYSE: MDT ), today announced the U.S. launch of the MiniMed(TM) 670G system - the world's first Hybrid Closed Loop system for people with type 1 diabetes. Featuring the company's most advanced SmartGuard(TM) HCL technology and Guardian(TM) Sensor 3, it is the only insulin pump approved by the Food and Drug Administration (FDA) that enables personalized and automated delivery of basal insulin, the background insulin needed to maintain stable blood sugar levels throughout the day and night. The advanced SmartGuard HCL algorithm works in conjunction with the company's most accurate sensor to date - Guardian Sensor 3 - to self-adjust basal insulin delivery every five minutes based on real-time needs. Through this personalized design, the system is able to maximize Time in Range - the amount of time sugar levels stay within a range considered healthy by clinical standards. The system also exclusively features the CONTOUR®NEXT LINK 2.4 blood glucose monitoring system (BGMS) from Ascensia Diabetes Care.

"The response from the diabetes community has been tremendously positive and we are proud to be leading this remarkable period in diabetes history in partnership with the clinical and advocacy communities," said Alejandro Galindo, president of the Intensive Insulin Management division within the Diabetes Group at Medtronic. "We've essentially designed a smarter insulin pump that alleviates some of the burden associated with diabetes management, which can be unrelenting and exhausting. We are very excited to see that real-world insights from our Customer Training Phase reinforce the positive outcomes demonstrated through our pivotal trial of the system."

Data from the pivotal trial of the MiniMed 670G system published in the Journal of the American Medical Association (JAMA) demonstrated less glycemic variability, more time in the target range, less exposure to hypoglycemia and hyperglycemia, and reduced A1c for patients on the system. 1  Importantly, real-world use of the system in the Customer Training Phase has shown consistent improved outcomes across several important areas including Time in Range (74 percent) and greater median time in Auto Mode (92 percent). 2  Real-world use of the Guardian Sensor 3 also demonstrates continued strong performance and reliability of the company's most accurate sensor to date with a MARD of 10.56 percent against BG 3  - confirming why it's the only continuous glucose monitor trusted and approved by the FDA to power a hybrid closed loop system.

"This technology is a significant breakthrough for the diabetes community and as a practicing endocrinologist, I have been awaiting this moment on behalf of my patients for a very long time," said Francine Kaufman, M.D., chief medical officer of the Diabetes Group at Medtronic. "The data demonstrating the benefits of this system are compelling and I'm confident it will simplify diabetes care for both patients and clinicians alike."

Following the earlier-than-expected approval in September 2016, only 104 days after filing the PMA application, the company has been working to ensure payer coverage, market and manufacturing readiness, as well as appropriate training of employees, clinicians, educators and patients on the new system. A Customer Training Phase was initiated in March to validate the comprehensive onboarding and training program customized for the MiniMed 670G system across a select number of sites in the U.S. before launching it more broadly. Following excellent feedback on system performance, clinical outcomes and user experience in the Customer Training Phase - including a 94 percent overall satisfaction rate with the training and onboarding - the company is now ready to initiate a broader commercial launch. Medtronic will now onboard the rest of those enrolled in the Priority Access Program who signed up to be first in line to receive the system upon commercial launch. These orders will begin to ship next week and will continue to be fulfilled over the next few months into the fall of 2017. In parallel, Medtronic will now take new orders from interested customers who want to be next in line to receive the system after Priority Access orders are fulfilled. To be placed in the order queue, customers can call a Medtronic representative at 1.800.646.4633 or visit http://bit.ly/2qLNCoA .

"The MiniMed 670G system has given me the confidence to manage my diabetes more independently, which is exciting for me as I finish my freshman year of high school and realize that it will be a short time before I get ready to go away to college," said Claire Bickel, a 14 year old who has been living with type 1 diabetes for 10 years. "This system gives me the freedom to focus on the many priorities I need to juggle in my life like field hockey, my school musical, spring track and schoolwork because I know it's taking care of me while I focus on these activities."

"The MiniMed 670G system has proven to be life-changing for many patients who participated in the Customer Training Phase and we are truly excited to be able to introduce it to many more who stand to benefit," said Jennifer Lynn Sherr, M.D., Ph.D., assistant professor of endocrinology at the Yale School of Medicine. "We've seen this system positively impact not only patients like Claire, but also their caregivers who are experiencing a new sense of security. The constant vigilance that this chronic medical condition imposes on both patients and their families is now relaxed and caregivers have a new level of independence and freedom. As someone who lives with type 1 diabetes, it's exciting to see this innovation alleviate much of the burden of managing this chronic disease."

The MiniMed 670G system is powered by the company's most advanced algorithm to date - SmartGuard HCL - and the new Guardian Sensor 3, featuring enhanced accuracy and performance with up to 7-day wear. The system is FDA approved for people with type 1 diabetes ages 14 years and older. Prescription Required. WARNING: May not be safe for under age 7 or using less than 8 units insulin/day. See  http://bit.ly/670gRisks .

A multimedia press kit for the MiniMed 670G system can be accessed at the following link: http://bit.ly/2rk7BhW .

About Type 1 Diabetes (T1D) An estimated 1.25 million Americans live with T1D in the United States. T1D is an autoimmune disease in which a person's pancreas stops producing insulin. It can impact both children and adults at any age and causes dependence on multiple daily injections of insulin or an insulin pump. The complications stemming from high and low blood sugar levels can lead to serious short and long term complications including kidney failure, blindness, nerve damage, heart attack, stroke, and pregnancy complications. Lows can be life-threatening, particularly at night when they are most difficult to manage. T1D significantly impacts quality of life and is associated with an estimated loss of life-expectancy of up to 13 years. 4  Despite this, less than one third of people with T1D in the U.S. are achieving target blood glucose control levels.

About the Diabetes Group at Medtronic  ( www.medtronicdiabetes.com) Medtronic is working together with the global community to change the way people manage diabetes. The company aims to transform diabetes care by expanding access, integrating care and improving outcomes, so people living with diabetes can enjoy greater freedom and better health.

About Medtronic Medtronic plc ( www.medtronic.com ), headquartered in Dublin, Ireland, is among the world's largest medical technology, services and solutions companies - alleviating pain, restoring health and extending life for millions of people around the world. Medtronic employs more than 88,000 people worldwide, serving physicians, hospitals and patients in approximately 160 countries. The company is focused on collaborating with stakeholders around the world to take healthcare Further, Together.

Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.

-end-

1 Bergenstal RM, Garg S, Weinzimer SA, et al. Safety of a hybrid closed-loop insulin delivery system in patients with type 1 diabetes. JAMA . Published on-line ahead of print September 15, 2016 at jama.com (Online First).

2 Data on file.

3 Results compared with capillary blood glucose results using a blood glucose meter. Results compared to YSI (Yellow Springs Instruments, Yellow Springs, OH) typically yield results that are 1-1.5 percentage points lower.

4 Jama 2015; 313(1):1-9)

Contacts: Janet Kim Public Relations +1-818-576-5014 Ryan Weispfenning Investor Relations +1-763-505-4626

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Consumer Debt Balloons to $18.56T Amid Economic Jitters

Updated Category News Views 35

The Debt Tide Keeps Rising Alright, let’s dive calloused knuckles first into what's cooking with U.S. consumer debt these days. Shockwaves through the wallet world this past September—consumer debt surged to a jaw-dropping $18.56 trillion. That's a hefty climb of 2.9% year-over-year, and for anyone keeping score, it wasn't just about mortgages hiking up their pricey...

Continue Reading
Gulliver Prep's New STEAM Complex to Transform Miami

Updated Category News Views 49

Gulliver Prep Leads the Charge in Education Innovation Gulliver Preparatory School just dropped a bombshell in Miami—almost literally, with their shovels hitting the dirt for a new 95,000-square-foot STEAM complex. It's not some lip-service to educational buzzwords either. This project's part of 'The Next 100: The Centennial Campaign for Gulliver,' a mega drive to...

Continue Reading
Day Out Snacks Brings Back Sold-Out Peppermint Bark

Updated Category News Views 172

Spicing Up the Holidays with a Best-Seller Return You've got to love when a brand nails it in the holiday treat department, and Day Out Snacks is playing a winning hand by bringing back their Peppermint Bark protein balls. Here we are again, one year after they flew off the shelves like Santa spotted on Christmas Eve. And let me tell you, this re-release has the potential...

Continue Reading
Huntsman Declares Q4 Dividend: $0.0875 Per Share

Updated Category News Views 11

Huntsman Corporation Delivers Dividend Update So, here's the lowdown from Huntsman Corporation coming at us on a rather sleepy November morning in 2026. They've announced their fourth quarter dividend—a neat $0.0875 per share. Now, this isn’t exactly hitting us like a seismic shockwave, but every little drip counts when you're invested in NYSE:HUN, which is exactly...

Continue Reading
Woolery & Co Boosts M&A Expertise with Debbie Wang

Updated Category News Views 57

A New Power Player Joins Woolery & Co Let me tell you, every now and then a firm makes a move that absolutely oozes strategic brilliance, and this right here is one of those moments. Woolery & Co, a name that's been making waves in strategic advisory circles, has just added Debbie Wang to their lineup. If you're not familiar, she's fresh from Ropes & Gray LLP where she...

Continue Reading
Insulin Delivery Devices: A Billion-Dollar Surge

Updated Category News Views 30

When's the last time you saw a medical device market promising a $10 billion leap in under five years? Yeah, the insulin delivery devices market's got that kind of upside, projected to skyrocket from $16.92 billion in 2026 to a whopping $26.37 billion by 2031. That's a 9.3% annual growth rate. The numbers and the stakes are both staggering. Regional and Segment Leaders...

Continue Reading
O-I Glass Faces Class Action: What Investors Must Know

Updated Category News Views 85

The Unsettling News for O-I Glass Investors Let me dive right into this mess about O-I Glass, Inc. (NYSE:OI). If you're tangled up in their stock, you probably felt that 15.01% nosedive in your portfolio recently. That's no minor blip. On July 28, 2026, as stocks were virtually put through the shredder, O-I Glass announced they had to cut down their financial guidance for...

Continue Reading
Lightwave Logic Delays Spur Legal Investigation

Updated Category News Views 55

Lightwave Logic Faces Legal Hurdles There's trouble brewing for Lightwave Logic, Inc. (NASDAQ: LWLG) after its decision to push back volume production to 2028 stirred the pot. Shares took a nosedive, opening down by about 15% at $3.73, after the company revealed their foundry process and customer qualifications were dragging at a snail's pace. And as you might expect,...

Continue Reading
RELEX Solutions: Dominating Supply Chain Assessments

Updated Category News Views 124

Standing Tall in the Supply Chain Arena Every now and then, a company manages to stand out in a way that makes even the seasoned market watchers take notice. This time, it's RELEX Solutions grabbing the spotlight. They've been recognized as a Leader in four separate IDC MarketScape assessments for 2026. It's no small feat considering the crowded stage of supply chain...

Continue Reading
BSR REIT's Q3 2026 Financials: Strategic Progress Made

Updated Category News Views 57

BSR REIT Hits Strategic Milestones in Q3 Here's a bit of exciting news hitting us from BSR Real Estate Investment Trust. They've dropped their financial results for the third quarter of 2026. Packed with some solid gains, this quarter wasn't just about the numbers—it was about the moves they've been making underneath it all. So, let's break down what they're up to, and...

Continue Reading

Top 5 Most Recently Viewed Articles

ASP Isotopes Faces Class Action Lawsuit Amid Serious Allegations

Updated Category News Views 211

ASP Isotopes and the Recent Class Action Lawsuit ASP Isotopes, Inc. is currently navigating turbulent waters following the announcement of a class action lawsuit filed against the company. This legal move comes in the wake of serious allegations that could potentially impact the future of the business. The lawsuit focuses on claims made about the effectiveness of the...

Continue Reading
Aligned Fitness Expands Presence with 13 New Club Pilates Studios

Updated Category News Views 683

Aligned Fitness Expands with New Studio Acquisitions Aligned Fitness, part of the Eagle Merchant Partners portfolio, has successfully completed the acquisition of 13 Club Pilates studios. This strategic move significantly enhances the company’s footprint in the fitness industry across multiple states, further solidifying its position in the health and wellness sector....

Continue Reading
LRS Unveils 2024 Sustainability Initiatives for Better Tomorrow

Updated Category News Views 164

LRS Unveils 2024 Sustainability Report LRS, recognized as a leader among independent recycling and waste diversion providers, has launched its 2024 Sustainability Report. This comprehensive document offers insights into the company's dedication to environmental stewardship and highlights the measurable progress made towards a sustainable future. Key Findings from the...

Continue Reading
Exciting Developments in Antibody-Drug Conjugates at AACR

Updated Category News Views 269

Antibody-Drug Conjugate Innovations Presented at AACR Precision Biologics, Inc. is making waves in cancer treatment with its groundbreaking research focusing on a novel antibody-drug conjugate (ADC) leveraging the properties of their monoclonal antibody, PB-223. This development will be showcased in an engaging poster presentation during the upcoming American Association...

Continue Reading
City National Bank Leadership Transition: Kelly Coffey Steps Down

Updated Category News Views 1430

City National Bank Announces Leadership Changes In a significant transition, City National Bank has announced that Kelly Coffey, who has held the position of CEO for Entertainment Banking, Private Banking, and Wealth Management, is stepping down. After serving for six successful years, Coffey has decided to pursue new opportunities. Her departure comes after a remarkable...

Continue Reading