Modular Medical Announces Contract with National U.S. Pharmacy Benefit Manager, Expanding Access to Pivot Tubeless Patch Pump

Modular Medical has secured a contract with a national U.S. pharmacy benefit manager, making its Pivot insulin delivery system available through the PBM as the company prepares for the commercial launch of its tubeless patch pump. CEO Jeb Besser described the agreement -- with one of the largest PBMs in the country -- as an important commercialization milestone, noting that PBMs control formulary placement and reimbursement pathways that enable patient access.

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