Modular Medical has filed a notice of a Private Investment in Public Equity (PIPE) offering of securities to raise $10 Million in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Modular Medical is raising $10,000,000.00 in new funding. About Modular Medical: Modular Medical, Inc. operates as a development stage medical device company. It focuses on the design, development, and commercialization of insulin pumps. It offers MODD1, a two-part patch pump for diabetes. The company was founded in 1998 and is headquartered in San Diego, California. At Modular Medical, our mission is to simplify diabetes management and expand access to the higher quality of care that insulin pumps provide. We aspire to develop technology that liberates and empowers people to improve their health and well-being and take back more of their lives. At Modular Medical, we believe that managing your diabetes should be empowering, not intimidating. You don’t need to be a tech expert or a math genius to take charge of your health. Traditional pumps can be overwhelming, causing unnecessary hurdles for those with diabetes to reclaim their lives. MODD1 emerged from a vision to transform this narrative, placing everyday individuals at the heart of our mission. Our goal is to simplify diabetes management, ensuring that everyone has access to the superior care that insulin pumps offer. With MODD1, we aim to inspire a community where managing diabetes is not a challenge but a journey towards a healthier, more vibrant life.
To learn more about Modular Medical, visit http://www.modular-medical.com/
Contact:
Paul DiPerna, Chairman and President
858-800-3500
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