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Tandem Diabetes Care Shares Rise 8% on FDA Approval of Tubeless Insulin Pump

Investing.com · ·by G4L

TNDM
TNDM Tandem Diabetes Care Inc
$20.07 +14.62%
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  1. 1Tandem Diabetes Care shares rose 8%.
  2. 2The Tandem Mobi insulin pump received FDA approval to operate as a tubeless automated insulin delivery system wearable for up to 7 days.
  3. 3The company plans a nationwide commercial launch of new cartridges and infusion sets in the first half of 2027.

So what's the key point?

Tandem Diabetes Care received approval for a device that delivers insulin without tubes. Shares rose 8% following this news.

Source Investing.com · View original ↗

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