Modular Medical, Inc. (MODD)

NASDAQ: MODD · Real-Time Price · USD
1.600
-0.110 (-6.43%)
Dec 3, 2024, 11:39 AM EST - Market open
-6.43%
Market Cap 64.22M
Revenue (ttm) n/a
Net Income (ttm) -18.64M
Shares Out 40.14M
EPS (ttm) -0.63
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 256,180
Open 1.730
Previous Close 1.710
Day's Range 1.560 - 1.730
52-Week Range 1.080 - 2.650
Beta -3.80
Analysts Buy
Price Target 5.00 (+212.5%)
Earnings Date Nov 14, 2024

About MODD

Modular Medical, Inc. operates as a medical device company. It focuses on the design, development, and commercialization of insulin pumps. It offers MODD1, a two-part patch pump for type-1 and type-2 diabetes. The company is headquartered in San Diego, California. [Read more]

Industry Medical Devices
Sector Healthcare
Founded 1998
Employees 40
Stock Exchange NASDAQ
Ticker Symbol MODD
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for MODD stock is "Buy" and the 12-month stock price forecast is $5.0.

Price Target
$5.0
(212.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Modular Medical Announces Pricing of $8.2 Million Public Offering

SAN DIEGO, CA / ACCESSWIRE / November 21, 2024 / Modular Medical, Inc. (Nasdaq:MODD) ("Modular Medical" or the "Company"), an insulin delivery technology company with the first FDA-cleared patch pump ...

11 days ago - Accesswire

Modular Medical Announces Proposed Public Offering

SAN DIEGO, CA / ACCESSWIRE / November 21, 2024 / Modular Medical, Inc. (NASDAQ:MODD) ("Modular Medical"), an insulin delivery technology company with the first FDA-cleared patch pump designed specific...

11 days ago - Accesswire

Modular Medical Proudly Sponsors the Inaugural Achieving Diabetes Equity in Practice Today (ADEPT) Conference

SAN DIEGO, CA / ACCESSWIRE / November 11, 2024 / Modular Medical, Inc. (NASDAQ:MODD) ("Modular Medical" or the "Company"), an insulin delivery technology company with the first FDA-cleared patch pump ...

22 days ago - Accesswire

Registration Is Now Open For Tribe Public's Webinar Event "Tailoring GLP-1 Weight Loss Treatments: Innovative Approaches To Personalized Dosing" Featuring Modular Medical CEO On Monday, November 11, 2024

Meet with Modular Medical CEO, Jeb Besser Obesity is linked to 30% to 53% of new diabetes cases in the U.S. every year, per research in the Journal of the American Heart Association About half of all ...

25 days ago - Accesswire

Modular Medical Announces Results from a Successful GLP-1 Proof of Concept Study

-Study showed more potent weight loss and blood glucose control with the addition of a mealtime bolus of a rapid acting GLP-1 to basal delivery - Observed weight loss was 17% at 28 days, a 25% improve...

26 days ago - Accesswire

Modular Medical to Present at the Lytham Partners Fall 2024 Investor Conference on October 1

SAN DIEGO, CA / ACCESSWIRE / September 30, 2024 / Modular Medical, Inc. (NASDAQ:MODD) ("Modular Medical" or the "Company"), an insulin delivery technology company with the first FDA-cleared patch pump...

2 months ago - Accesswire

Modular Medical Announces Issuance of U.S. Patent Covering Key Aspects of Core Pumping Technology

Allowed claims cover major features of pumping mechanism in FDA-cleared MODD1 product SAN DIEGO, CA / ACCESSWIRE / September 18, 2024 / Modular Medical, Inc. (NASDAQ:MODD) ("Modular Medical" or the "C...

2 months ago - Accesswire

Modular Medical Announces Finalization of Protocol for GLP-1 Personalized Metabolic Therapy Study Utilizing the MODD1 Platform

-Proof of Concept Study in Rapid Acting GLP-1 to commence in October 2024 with data expected in November 2024 -Pre-clinical study to explore use of MODD1 pump as a personalized delivery system for peo...

2 months ago - Accesswire

Registration Is Now Open For Tribe Public's Webinar Event "Diabetes, Obesity, GLP-1, & The MODD-1 Opportunity" Featuring Modular Medical CEO On Wednesday, September 11, 2024

Meet with Modular Medical CEO, Jeb Besser There are more than 3 million individuals who use daily insulin to help with the care of Diabetes in the US.100% of patient population require daily insulin i...

3 months ago - Accesswire

Modular Medical Announces Conference Call to Discuss FDA Clearance of the MODD1 Insulin Pump

SAN DIEGO, CA / ACCESSWIRE / September 4, 2024 / Modular Medical, Inc. (the "Company" or "Modular Medical") (NASDAQ:MODD), an insulin delivery system technology company preparing to launch a market ex...

3 months ago - Accesswire

Modular Medical Announces FDA Clearance of the MODD1 Insulin Pump

MODD1 is a patch pump for ALL adults with Type 1 and Type 2 diabetes Designed to be simpler and more affordable to expand access to diabetes technology for previously underserved communities Commercia...

3 months ago - Accesswire

Registration is Now Open for Tribe Public's Webinar Event "Diabetes Care Innovator Modular Medical Takes Next Steps" Featuring Modular Medical CEO on Friday, August 9, 2024

The global diabetes care market, valued at $18.9 billion in 2023, is projected to reach $35.8 billion by 2028 The insulin pump segment is expected to grow from $5.26 billion to $21.65 billion by 2032 ...

4 months ago - Accesswire

Modular Medical Initiates Transfer of Manufacturing Operations to Phillips Medisize

SAN DIEGO, CA / ACCESSWIRE / August 7, 2024 / Modular Medical, Inc. (the "Company" or "Modular Medical") (NASDAQ:MODD), an insulin delivery system technology company preparing to launch the next gener...

4 months ago - Accesswire

Modular Medical Announces Proof-of-Concept Study for Personalized Metabolic Therapy utilizing the MODD1 Platform

Pre-clinical study to explore use of MODD1 pump as a delivery system for FDA-approved, short acting peptides, as a personalized alternative for people who discontinue long-acting GLP-1 formulations SA...

5 months ago - Accesswire

Modular Medical Announces Addition to the Russell Microcap(R) Index

SAN DIEGO, CA / ACCESSWIRE / June 3, 2024 / Modular Medical, Inc. (NASDAQ:MODD) ("Modular Medical"), a development-stage, insulin delivery technology company seeking to launch the next generation of u...

6 months ago - Accesswire

Modular Medical Announces Steve Gemmell as New Vice President of Engineering

SAN DIEGO, CA / ACCESSWIRE / March 26, 2024 / Modular Medical, Inc. (NASDAQ:MODD) ("Modular Medical" or the "Company"), a development-stage, insulin delivery technology company seeking to launch the n...

9 months ago - Accesswire

Registration Is Now Open for Tribe Public's Webinar Event "Revolutionizing Diabetes Care" Featuring Modular Medical CEO on Wednesday, March 6, 2024

Meet with Modular Medical CEO, Jeb Besser There are more than 3 million individuals who use daily insulin to help with the care of Diabetes in the US. 100% of patient population require daily insulin ...

9 months ago - Accesswire

Modular Medical Announces Closing of $10 Million Public Offering

SAN DIEGO, CA / ACCESSWIRE / February 21, 2024 / Modular Medical, Inc. (NASDAQ:MODD) ("Modular Medical" or the "Company"), a development stage insulin delivery technology company seeking to launch the...

10 months ago - Accesswire

Modular Medical Announces Pricing of $10 Million Public Offering

SAN DIEGO, CA / ACCESSWIRE / February 15, 2024 / Modular Medical, Inc. (NASDAQ:MODD) ("Modular Medical" or the "Company"), a development stage insulin delivery technology company seeking to launch the...

10 months ago - Accesswire

Modular Medical Announces Issuance of New US Patent

SAN DIEGO, CA / ACCESSWIRE / January 24, 2024 / Modular Medical, Inc. (NASDAQ:MODD) ("Modular Medical" or the "Company"), a development-stage, insulin delivery technology company seeking to launch the...

11 months ago - Accesswire

Modular Medical Announces 510(k) Submission of MODD1 Insulin Pump

SAN DIEGO, CA / ACCESSWIRE / January 19, 2024 / Modular Medical, Inc. (NASDAQ:MODD) ("Modular Medical" or the "Company"), a development-stage, insulin delivery technology company seeking to launch the...

11 months ago - Accesswire

Modular Medical Announces Collaboration with Glooko

SAN DIEGO, CA / ACCESSWIRE / December 21, 2023 / Modular Medical, Inc. (Nasdaq:MODD) ("Modular Medical" or the "Company"), a development-stage, insulin delivery technology company seeking to launch th...

1 year ago - Accesswire

Registration Is Now Open For Tribe Public's Webinar Event "Diabetes Care For The Rest Of Us." Featuring Modular Medical CEO On Friday, December 15, 2023

Meet with Modular Medical CEO, Jeb Besser There are more than 3 million individuals who use daily insulin to help with the care of Diabetes in the US. 100% of patient population require daily insulin ...

1 year ago - Accesswire

Modular Medical to Attend the Benchmark Company's Upcoming Discovery One-on-One Investor Conference

SAN DIEGO, CA / ACCESSWIRE / November 14, 2023 / Modular Medical, Inc. (Nasdaq:MODD) ("Modular Medical" or the "Company"), a development-stage, insulin delivery technology company seeking to launch th...

1 year ago - Accesswire

Modular Medical Updates Test Progress and Submission Timeline

SAN DIEGO, CA / ACCESSWIRE / October 31, 2023 / Modular Medical, Inc. (NASDAQ:MODD) ("Modular Medical" or the "Company"), a development stage insulin delivery technology company seeking to launch the ...

1 year ago - Accesswire