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EXCLUSIVE: Modular Medical Secures FDA Clearance for Pivot Software Upgrades

Source: benzinga.com

Regulation & LegislationHealthcare & BiotechProduct LaunchesCompany Fundamentals
EXCLUSIVE: Modular Medical Secures FDA Clearance for Pivot Software Upgrades

Modular Medical (NASDAQ: MODD) said the FDA cleared software enhancements to its Pivot insulin delivery system. The clearance supports continued commercialization and iteration of its device platform, which is modestly positive for sentiment around product progress. No financial impact figures were provided in the announcement.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

MODD0.45

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