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February 20, 2020
 
Insulet Omnipod
 
 

Insulin pump maker Insulin announced partnerships yesterday with two of the leading continuous glucose monitor companies, Abbott and Dexcom. Both involve the Insulet’s Omnipod Horizon Automated Insulin Delivery System which uses a tubeless, wearable “Pod” to deliver insulin for 72 hours at a time.

Abbott and Insulet have partnered to offer a new integrated digital health platform that will combine Abbott’s Freestyle Libre continuous glucose monitor with the Horizon System.

The integration will send data from the Freestyle Libre to the Omnipod Pod, which will use an algorithm to automatically adjust insulin delivery based on that data. A user will also be able to use an app on their personal smartphone to manually deliver additional doses of fast-acting insulin before meals.

As for the Dexcom deal, it is a nonexclusive global commercialization agreement to integrate the Horizon System with both the Dexcom G6 and upcoming G7 CGM systems. Similarly to the Abbott integration, users will be able to automatically adjust insulin doses using Insulet’s algorithm, as well as to control the pump from their smartphone.

WHAT’S THE IMPACT

A number of companies as well as researchers have been working for some time to combine continuous glucose monitors and insulin pumps into reliable closed loop systems (sometimes referred to as the artificial pancreas).

This is a step forward in that journey for both Abbott and Dexcom.

Abbott and Insulet say theirs will be the first such combined system where both parts — the wearable sensor and the pump — are fully disposable, which could make it a more affordable option in this emerging market.

THE LARGER TREND

This news demonstrates a major trend toward interoperability in the CGM space. Rather than forging exclusive partnerships, players are trying to work with as many different technology partners as possible, giving people with diabetes a maximum number of choices about how they manage their condition.

Abbott recently expanded its partnership with Bigfoot Biomedical around integrating with that company’s connected insulin pen. Last fall they announced an integration with Omada Health’s coaching program for people with diabetes.

For its part, Insulet announced a partnership with Samsung two years ago and has been pursuing a strategy of making its pump integrate with any smartphone. Toward that end, the company is also working with Glooko on the data side.

Dexcom is working with Livongo and Eli Lilly, among others. CEO Kevin Sayer spoke about both deals in a recent interview with MobiHealthNews.

ON THE RECORD

"Abbott is focused on creating future-forward health technologies that simplify how people living with diabetes manage their condition so they can live their best lives," Jared Watkin, senior vice president of diabetes care at Abbott, said in a statement. "As diabetes care becomes more interoperable, we're developing more connected approaches to improve care. Through this partnership, Abbott and Insulet will offer an integrated digital health platform that is simple and accurate and will provide a best-in-class user experience.”

“Everyone at Dexcom is excited to be in the final stages of integrating Dexcom CGM technology into the Omnipod Horizon System," Sayer said in a separate statement. "This system will bring together the demonstrated accuracy of Dexcom CGM with Omnipod’s tubeless insulin delivery Pod which provides a simple user experience and freedom from injections and tubes. It will be a truly transformative, automated insulin delivery system giving more options to people with diabetes.”

 
M&A
 
 

This morning digital fitness coaching platform Pear Sports announced that it has purchased fellow exercise-focused startup Functional Solutions. 

Following this acquisition, Pear Sports (not to be confused with digital therapeutics darling Pear Therapeutics) plans to roll Functional Solutions’ visual programming and custom fitness content into its enterprise SaaS. This can then be sold to gyms, hotels, resorts and other companies seeking custom workout plans. Functional Solutions will stay at its headquarters in Newport News, Virginia. 

The purchase includes Functional Solution’s catalog of workout programs and functional movement videos, which can be distributed via TVA, app, text or QR code. This will add on to Pear’s Health & Fitness platform, which includes interactive audio coaching and adaptive workouts.

Pear Sports has been in the digital fitness game for some time. In 2014 it scored $5 million in funding, and the next year it topped off with an additional $800,000. 

WHY IT MATTERS 

Fitness streaming products are especially popular today. Perhaps the best known is recently IPO'd New York City-based Peloton, known for its connected home exercise equipment and virtual workout class business.

Earlier this month, Peloton settled a patent infringement claim it held against Flywheel regarding the former’s at-home exercising bike, named Fly Anywhere Bike. As part of the agreement, Flywheel admitted that its bike copied elements of Peloton’s remote streaming patent.

THE LARGER TREND 

Mergers and acquisitions continue to be a popular exit strategy for digital health companies. Last year Rock Health recorded 112 such deals. While the M&A space is active, it is on the decline. 

Digital health M&As hit an all time high in 2015 with 180 deals, meaning that 2019’s number represents a 40% decline, according to Rock Health

ON THE RECORD 

“Digital engagement with members is now a requirement in the fitness industry and others,” Functional Solutions founder and CEO Dave Hannum, said in a statement. “I’m fired up about combining our leading visual exercise content distribution technology with Pear’s adaptive audio coaching and biometrics to maximize the choices and benefits for all our customers.”

 
 
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By HIMSS Insights
 
Connected Care is about patients moving smoothly from their home through the continuum of care and back, depending on their medical needs and facilitated by data that is immediately available wherever it's needed. Making data available is about interoperability, but in a broad sense. IT tools have to be able to communicate, and so do the people involved. Healthcare made some progress recently with technical standards, but are we improving human-to-human interoperability too?

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Today, industry players are zeroing in on the best ways to assess these new technologies coming into the market. But each stakeholder has a different priority — which means a different way of evaluating these tools. This month MobiHealthNews will be taking a closer look at how digital tools are validated and assessed by health systems, payers and investors.
 
 
 
 
 
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