Total Addressable Insulin Market (Patients):
By 2045, an estimated 783 million people globally will have diabetes, a 5-fold growth rate over the period 2000–2045
Underserved Market:
An estimated 1.2 billion rural and urban poor (1 in 7 people) are at risk; lacking access to cooling and refrigeration
How it works
CUREfilm® Oral Thin Film Insulin
Disadvantages with Current Insulin Treatment Methods
Many experts believe that if you eliminate the needle, injection-free markets could expand by 15-25% or more
Psychological
Insulin injections can be painful, resulting in significant fears and even phobias among both children and adults (Trypanophobia)
Physical
Subcutaneous insulin injections can cause
hyperglycemia / hypoglycemia,
failure to regulate glucose homeostasis,
infections, and bruising
Bottles, Vials or Pens
Add cost to the price per unit as well as disposal / medical waste
Cold Chain Distribution and Bulky Fragile Shipping
Insulin loses potency when exposed to heat or when frozen. Adds weight and cost to shipping
Needles are Costly
Syringes can cost between
$15-$20/100 ct
$15-$20/100 ct
Medical Waste Issues
Medical waste generated by insulin administration results in environmental issues