Key stats
- Market cap
- 11.5B
- Open
- —
- Day range
- —
- 52-week range
- $126.40 – $354.88
- Volume
- 2.00M
- Avg volume
- 1.39M
Insulet was founded in 2000 with the goal of making continuous subcutaneous insulin infusion therapy for diabetes easier to use. The result was the Omnipod system, which consists of a small disposable insulin infusion device that can be operated through a smartphone to control dosage. Since the Omnipod was approved by the US Food and Drug Administration in 2005, more than 600,000 insulin-dependent diabetic patients are using it worldwide.