Modular Medical Secures FDA Clearance, National PBM Contract
Modular Medical secured a contract with a national U.S. pharmacy benefit manager, making its Pivot tubeless insulin patch pump available through the PBM and potentially expanding patient access. The company said the agreement represents an important commercialization milestone because PBMs help determine reimbursement and formulary access for medical technologies. Separately, the FDA cleared software enhancements for Pivot, including more flexible bolus dosing, customizable insulin delivery with each button press, an updated user interface and other upgrades. Modular Medical plans a phased commercial rollout in selected U.S. markets beginning in October 2026, with Inizio supporting commercialization and provider engagement.
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