Company Profile

Capillary Biomedical Inc (AKA: CapBio)
Profile last edited on: 8/17/22      CAGE: 72C54      UEI: MHJQM57VPFV5

Business Identifier: Simplifying glucose monitoring and insulin delivery: (Nasdaq: TNDM)
Year Founded
2014
First Award
2016
Latest Award
2018
Program Status
Active (Acquired)
Popularity Index
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Location Information

5171 California Avenue Suite 150
Irvine, CA 92617
   (510) 292-5130
   info@capillarybio.com
   www.capillarybio.com
Location: Single
Congr. District: 45
County: Orange

Public Profile

Spun out of the Artificial Pancreas Center at the Sidney Kimmel Medical College of Thomas Jefferson University in Philadelphia, PA., Capillary Biomedical (CapBio) is a medical device firm developing technologies for diabetes management. Anchored in a license from Thomas Jefferson University, the firm is organized around dramatically simplifying glucose monitoring and insulin delivery, reducing the burden on both patients and the overall healthcare system. The goal is eventually to have developed a fully-implantable automated insulin delivery system consisting of an long-term continuous glucose monitor, insulin infusion pump and closed-loop control algorithm capable of automatically managing blood glucose. In July 2022 it was announced that Tandem Diabetes Care (Nasdaq: TNDM) had acquired Capillary Biomedical for an undisclosed amount. A global insulin delivery and diabetes technology company based in San Diego, CA, Tandem manufactures and sells the t:slim X2 insulin pump with Control-IQ technology.creates new possibilities for people living with diabetes through a positively different experience offering. a human-centered approach to design, development, and support delivering innovative products and services for people who use insulin.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
15-19
Revenue Range
1.5M-2M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
1-4

Awards Distribution by Agency

Key People / Management

  Paul J Strasma -- President and CEO

  Marks A Estes -- Vice President Sales and Marketing

  Kenneth Hsu -- Director Product Development

  Jeffrey Joseph -- Director of Market Research

Company News

There are no news available.