Insulet to Present Extended Real-World Evidence and Best Practices for Optimizing Care with Omnipod® 5

Rhea-AI Summary

Insulet Corporation announces schedule of events and presentations at EASD 2023, highlighting extended real-world evidence of improved outcomes using Omnipod 5 Automated Insulin Delivery System.

Positive

• Extended real-world evidence shows improved outcomes using Omnipod 5.
• Insulet plans to launch Omnipod 5 more broadly across Europe starting in 2024.

Negative

• None.

Key learnings on Omnipod 5 and other data to be presented at the 59^th Annual Meeting of the European Association for the Study of Diabetes (EASD)

ACTON, Mass.--(BUSINESS WIRE)-- Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod^® brand of products, today announced its schedule of events and presentations at EASD 2023, taking place today through October 6 in Hamburg, Germany, and online.

The Company will present extended real-world evidence (RWE) of improved outcomes and optimization of care using the Omnipod 5 Automated Insulin Delivery System, one full year after the commercial launch of Omnipod 5 in the United States. There are four oral presentations at the EASD program, covering Omnipod 5 and the Omnipod DASH^® Insulin Management System.

“We continue to learn valuable information from our real-world evidence as a growing number of people adopt Omnipod 5 to manage their diabetes,” said Dr. Trang Ly MBBS, FRACP, PhD, Insulet Senior Vice President and Medical Director. “With our continued commitment to the analysis of this RWE, and with these additional key learnings on system use, healthcare providers will be better prepared to care for their patients as they begin and continue on their Omnipod 5 journey.”

EASD Presentations and Events

Insulet will sponsor a symposium, “Real-World Experience with Omnipod 5: Prioritizing Users’ Needs with Tubeless Innovation.” Dr. Ly will be joined by Dr. Torben Biester, a pediatric diabetes specialist from Germany, who will discuss the impact diabetes technology can have on quality of life for people with diabetes, considering usability and treatment satisfaction of Pod therapy. Dr. Lalantha Leelarathna, a diabetes specialist from the U.K., will Chair the session and present extended Omnipod 5 RWE and care strategies for optimizing glycemic outcomes, with Jade Byrne sharing her experience using the system. The symposium will take place on Monday, October 2 from 4:00 – 5:00 p.m. CEST in Sydney Hall.

The following is the full schedule of oral presentations relating to Insulet's products, taking place on Thursday, October 5:

• SO 59: 12:45 – 1:45 p.m. CEST (Short Oral Discussion Area)
  
  [753] Improvements in treatment satisfaction with Omnipod DASH Insulin Management System are durable over 24 weeks in adults with type 1 diabetes, with Dr. David O’Neal
  
  [754] Clinical outcomes associated with Omnipod DASH use in the real-world: results from the Association of British Clinical Diabetologists (ABCD) Omnipod Worldwide Audit, with Dr. Tom Crabtree
  

• SO 60: 2:00 – 3:00 p.m. CEST (Short Oral Discussion Area)
  
  [763] Glycaemic improvements with the Omnipod 5 AID System across diverse baseline characteristics: learnings from 320 trial participants ages 2 – 70 years, with Dr. Lalantha Leelarathna
  

• OP 38: 3:30-5:00 p.m. CEST (Paris Hall)
  
  [225] Real-world glycaemic outcomes of 47,754 adults with type 1 diabetes using the Omnipod 5 AID System with cloud-based data management, with Dr. Emma Wilmot

Throughout EASD, Insulet will host a number of on-booth presentations to educate visitors on Omnipod 5 and Pod therapy:

• Introducing Omnipod 5 and the User’s Lived Experience, with Dr. Pete Jennings and Jade Byrne
  Tuesday, October 3, 12:30 p.m. CEST
  

• MDI or Pod? That is the Question, with Dr. Mohammed E. Al-Sofiani, MBBS, MSc
  Wednesday, October 4, 12:30 p.m. CEST
  

• Meet the Expert: Omnipod 5 Open Q&A, with Dr. Lalantha Leelarathna
  Thursday, October 5, 12:30 p.m. CEST

Insulet Updates

“With the recent launches of Omnipod 5 in the U.K. and Germany, it’s an exciting time for Podders in Europe,” said Pat Crannell, Insulet Senior Vice President and International General Manager. “We know that people with diabetes around the globe could benefit from Omnipod 5, and we are committed to bringing this life-changing, innovative technology to the majority of our European customers by the end of 2024.”

Building on the successful recent launches, the Company intends to launch Omnipod 5 more broadly across Europe starting in 2024 with the Netherlands planned for the first half of the year. Insulet will continue to provide updates on future European launches expected to occur in France, Italy, Sweden, Denmark, Norway, and Finland.

As previously announced in June, the Company is progressing with its goal to provide Omnipod 5 users with sensor of choice. Insulet is now actively enrolling participants in its clinical study to analyze the system’s performance using the Abbott FreeStyle Libre^® 2 sensor. The study will recruit up to 200 participants with type 1 diabetes in both the adult and pediatric age groups in the U.K., France, and Belgium, and is intended to demonstrate superior efficacy with Omnipod 5 compared to multiple daily injections, as measured by glycated hemoglobin. This information will support Insulet’s efforts to secure reimbursement.

To learn more about Omnipod 5 and Omnipod DASH, visit the Omnipod website.

About Insulet Corporation:

Insulet Corporation (NASDAQ: PODD), headquartered in Massachusetts, is an innovative medical device company dedicated to simplifying life for people with diabetes and other conditions through its Omnipod product platform. The Omnipod Insulin Management System provides a unique alternative to traditional insulin delivery methods. With its simple, wearable design, the tubeless disposable Pod provides up to three days of non-stop insulin delivery, without the need to see or handle a needle. Insulet’s flagship innovation, the Omnipod^® 5 Automated Insulin Delivery System, integrates with a continuous glucose monitor to manage blood sugar with no multiple daily injections, zero fingersticks, and can be controlled by a compatible smartphone or Omnipod 5 Controller. Insulet also leverages the unique design of its Pod by tailoring its Omnipod technology platform for the delivery of non-insulin subcutaneous drugs across other therapeutic areas. For more information, please visit: insulet.com and omnipod.com.

Forward-Looking Statement:

This press release may contain forward-looking statements concerning Insulet's expectations, anticipations, intentions, beliefs, or strategies regarding the future. These forward-looking statements are based on its current expectations and beliefs concerning future developments and their potential effects on Insulet. There can be no assurance that future developments affecting Insulet will be those that it has anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond its control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, and other risks and uncertainties described in its Annual Report on Form 10-K, which was filed with the Securities and Exchange Commission on February 24, 2023 in the section entitled "Risk Factors," and in its other filings from time to time with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should any of its assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Insulet undertakes no obligation to publicly update or revise any forward-looking statements.

©2023 Insulet Corporation. Omnipod, Omnipod DASH, and Podder are trademarks or registered trademarks of Insulet Corporation. All rights reserved. All other trademarks are the property of their respective owners. The use of third-party trademarks does not constitute an endorsement or imply a relationship or other affiliation.

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Investor Relations:

Deborah R. Gordon

Vice President, Investor Relations

(978) 600-7717

dgordon@insulet.com

Media:

Angela Geryak Wiczek

Senior Director, Corporate Communications

(978) 932-0611

awiczek@insulet.com

Source: Insulet Corporation