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Thursday, February 15, 2018 10:26:33 AM
News from Glooko. Most apps are not FDA cleared but Glooko is. I think this potential partnership has the potential to really move the needle for a ALR Tech partnership with one or more of the other major players in the Diabetes market.
https://www.cnbc.com/2018/02/14/fda-approves-insulin-dose-calculator-thats-connected-to-a-smartphone-app.html
A partnership between Glooko and Novo Nordisk per this news may prompt Sanofi and Eli Lilly to look for an FDA cleared Insulin Dosing App as well.
ALR Tech is the only other integrated insulin dosing FDA cleared App that is available. Sanofi and Eli Lilly will have to give serious consideration to work with ALR Tech to meet the Novo Nordisk offering IMO. These are the major players and this is the way the market is heading. I would speculate that a partnership or buy out would be a possibility.
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