{"id":2886,"date":"2024-09-30T14:16:01","date_gmt":"2024-09-30T06:16:01","guid":{"rendered":"https:\/\/flcube.com\/?p=2886"},"modified":"2024-10-24T23:37:23","modified_gmt":"2024-10-24T15:37:23","slug":"lenomed-medicals-touch-insulin-pump-receives-nmpa-approval-aids-chinas-diabetes-management","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=2886","title":{"rendered":"LenoMed Medical’s Touch-Insulin Pump Receives NMPA Approval, Aids China’s Diabetes Management"},"content":{"rendered":"\n

Shanghai-based LenoMed Medical, a medical device platform company backed by Legend Capital and Legend Star, has announced that it has received marketing approval from the National Medical Products Administration (NMPA) for its in-house developed touch-insulin pump. This product, which boasts an infusion accuracy of 0.01U per hour, is lauded as the first of its kind in China.<\/p>\n\n\n\n

According to market data, the global insulin pump market is projected to expand to USD 20.7 billion by 2030, with a compound annual growth rate of 14% from 2020 to 2030. The market penetration rates for insulin pumps in the United States and Europe have reached 20% and 15%, respectively, largely due to the inclusion of insulin pumps in medical insurance reimbursement. In contrast, the market penetration rate in China stands at a mere 0.6%.<\/p>\n\n\n\n

Additionally, LenoMed has entered into a partnership with embecta, a spin-off from BD, to promote the drug in mainland China. The company is also planning a global expansion, with the European Union and Southeast Asia being the primary targets.- Flcube.com<\/a><\/p>\n\n\n\n

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Shanghai-based LenoMed Medical, a medical device platform company backed by Legend Capital and Legend Star,…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,22],"tags":[39,635,15],"class_list":["post-2886","post","type-post","status-publish","format-standard","hentry","category-company","category-medical-device","tag-diabetes","tag-lenomed-medical","tag-product-approvals"],"yoast_head":"\nLenoMed Medical's Touch-Insulin Pump Receives NMPA Approval, Aids China's Diabetes Management - Insight, China's Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"Shanghai-based LenoMed Medical, a medical device platform company backed by Legend Capital and Legend Star, has announced that it has received marketing approval from the National Medical Products Administration (NMPA) for its in-house developed touch-insulin pump. 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