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Sean Saint

👤 Person
363 total appearances

Appearances Over Time

Podcast Appearances

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

Yeah.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

Right now, the standard of care, if you will, or the standard with the agency is that you do need a clinical trial.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

Whether or not that will remain that way or will always be that way, we don't know.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

But right now, that is the expectation.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

Yes, we have plans to do this, to seek the indication.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

I do want to set expectations, though, in my view.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

I don't think it really will accelerate when we get the, if we were to have, maybe I should say it that way, the type two indication.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

I just, you know, I've talked to a heck of a lot of healthcare providers and they do understand the tools that they use and where they can be well utilized.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

So my expectation is not that it would expand massively, but I can always be proved wrong.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

Regardless, it's the right thing to do to pursue that.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

So we'll do it for that reason.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

Yeah.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

So first of all, let me say that islet today is really two things.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

It's the physical pump itself, which is a durable component, and it's the algorithm that goes on that pump.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

So in our mint program, which is our our patch pump program and development, we're switching out the hardware while maintaining the algorithm.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

So all the user experience stuff that we've talked about in terms of no carb counting and no setup or weight based setup and learning and adaptation, all those things stay with our mint program with a form factor that you can wear on your body.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

We have chosen a two-part reusable architecture.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

One's disposable, one's reusable.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

And there's a lot of good reasons for that.

Vanguards of Health Care by Bloomberg Intelligence
Beta Bionics Does the Work to Reduce Insulin Pump Burden

We believe that's the right way to go.