Company Modular Medical, Inc.

Equities

MODD

US60785L2079

Medical Equipment, Supplies & Distribution

Market Closed - Nasdaq 21:00:00 28/06/2024 BST 5-day change 1st Jan Change
1.58 USD +1.28% Intraday chart for Modular Medical, Inc. +6.76% -13.19%

Business Summary

Modular Medical, Inc. is a development stage, medical device company. The Company is focused on the design, development, and commercialization of an insulin pump using modernized technology to increase pump adoption in the diabetes marketplace. The Company, through the creation of two-part patch pump, MODD1, seeks to serve both the type 1 and type 2 diabetes markets. The Company, using its methods of insulin measurement, is able to eschew complex mechanisms and instead build a product candidate using only parts from high volume consumer electronics manufacturing lines. It provides an insulin pump, which has both basal (steady flow) and bolus (mealtime dosing) insulin disbursement. It also consists of a natural migration path to multi-chamber/multi-liquid pumps, potentially offering an array of new therapies to patients with diabetes and other conditions.

Number of employees: 40

Managers

Managers TitleAgeSince
Founder 65 21/10/98
Chief Executive Officer 48 25/04/17
Chief Operating Officer 65 20/07/22
Director/Board Member 51 25/04/17
Director/Board Member 68 17/05/21

Members of the board

Members of the board TitleAgeSince
Director/Board Member 74 28/11/21
Chief Executive Officer 48 25/04/17
Director/Board Member 69 04/07/23
Director/Board Member 68 17/05/21
Founder 65 21/10/98
Director/Board Member 51 25/04/17
Director/Board Member 65 28/11/21
Director/Board Member 63 30/12/19

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 32,536,700 29,288,651 ( 90.02 %) 0 90.02 %

Shareholders

NameEquities%Valuation
Manchester Management Co. LLC
11.60 %
3,593,300 11.60 % 6 M $
2,553,586 8.240 % 4 M $
Solas Capital Management LLC
6.095 %
1,888,901 6.095 % 3 M $
683 Capital Management LLC
4.993 %
1,547,300 4.993 % 3 M $
Sio Capital Management LLC
4.967 %
1,539,352 4.967 % 3 M $
SilverArc Capital Management LLC
2.904 %
900,000 2.904 % 1 M $
Vanguard Group, Inc. (Subfiler)
2.880 %
892,635 2.880 % 1 M $
Bard Associates, Inc.
2.659 %
824,000 2.659 % 1 M $
AWM Investment Co., Inc.
2.420 %
750,000 2.420 % 1 M $
Bleichroeder LP
2.259 %
700,000 2.259 % 1 M $

Company contact information

Modular Medical, Inc.

10740 Thornmint Road

92127, San Diego

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http://www.modular-medical.com
address Modular Medical, Inc.(MODD)
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