Added to YB: 2024-04-11
Pitch date: 2024-03-31
MODD [bullish]
Modular Medical, Inc.
-81.57%
current return
Author Info
No bio for this author
Company Info
Modular Medical, Inc. operates as a medical device company. The company focuses on the design, development, and commercialization of insulin pumps.
Market Cap
N/A
Pitch Price
$1.86
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Health Care Equipment and Supplies
Category
growth
Marvelous Microcaps: Modular Medical, Inc. - $MODD
MODD: Modular Medical developing easy-to-use insulin pump for diabetes patients. $3B US market potential with only 20% currently using pumps due to cost & complexity. Differentiated product designed to be lighter, more mobile & user-friendly vs competition. Targets $688 per 3-month treatment ($2,752 annually), 70%+ gross margins. Key partnerships for manufacturing & software. Biggest risk is pending FDA approval process. Modest portfolio position balances upside potential with downside risk.
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