Jun. 18 at 11:02 AM
$TNDM is basically a razor/razorblade business hiding inside a medical device company
the pump is the razor, insulin cartridges and infusion sets come back every 3-7 days, per user, recurring revenue
Their supplier are
$DXCM and
$ABT for the CGM sensors that make the closed-loop system work. without these sensors, no automation
30% of revenue already comes from 25+ countries internationally, and they're now pushing the addressable market into Type 2 diabetes
500k users today. Type 2 is a completely different scale
