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RE: [IP] MiniMed Inc. Announces Investment In DMCare Venture and Related Strategic Alliance
I don't really know anything about it other than the annoucement and the web
site for DMCare http://www.diabetesmanager.com/
"DiabetesManager.com is an Internet-based medical service providing the
decision support you need to optimally control your diabetes based on your
The better you control your diabetes the lower your chance of complications.
Under the direction of your physician, DMCare
will assist you in attaining the best possible glucose control!
Simply enter your home glucose monitoring results accompanied by information
about diet and exercise, and receive recommendations when necessary to
your glucose control. Since all recommendations are based entirely on your
physician's prescription you can follow them with complete confidence."
I don't really know anything about how Minimed and DMCare will work together
but it should prove interesting.
>===== Original Message From "Toninette" <email @ redacted> =====
>(Trying not to sound stupid).....does this mean MiniMed is coming out with a
>pump that will pretty much be a pancreas? Putting more or less insulin in
>your body as needed, depending on you BG level (which it also reads?) Is
>this something that has been put to use in the United States now or will it
>be another 5 years? I know you just sent this - but if you have any more
>info, I would love to get it!
>> BUSINESS WIRE
>> NORTHRIDGE, Calif., Feb. 22 MiniMed Inc. (Nasdaq:MNMD) announced today
>that it has made an investment in DMCare, Inc. and entered into a strategic
>> development agreement with the Colorado Springs based privately held
>> DMCare has developed and offers a novel on-demand intervention and
>> educational web-based service to assist diabetes patients and their
>> healthcare providers to optimize blood glucose control. DMCare currently
>> offers automated dosing support services (within physician set guidelines)
>> for diabetes patients who take insulin injections, as well as a wide range
>> patient-specific treatment, educational and online nurse counseling
>> Under the terms of the agreement, DMCare will develop an automated dosing
>> support algorithm that can be accessed and utilized exclusively by MiniMed
>> insulin pump patients and their prescribing physicians. This partnership
>> is consistent with MiniMed's strategy to attract a broader range of
>> practitioners to the Company's technologies and services.
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