Navigation Links
Tandem Diabetes Care Reports Second Quarter 2014 Financial Results
Date:7/31/2014

SAN DIEGO, July 31, 2014 /PRNewswire/ -- Tandem Diabetes Care®, Inc. (NASDAQ: TNDM), a medical device company and manufacturer of the t:slim® Insulin Pump, today reported its financial results for the quarter ended June 30, 2014.

In comparing the second quarter of 2014 to the same period of 2013:

  • Sales grew 86 percent to $10.3 million from $5.5 million
  • t:slim Pump shipments grew 64 percent to 2,235 pumps from 1,363 pumps
  • In comparing six months ended June 30, 2014 to the same period of 2013:

  • Sales grew 67 percent to $18.3 million from $11.0 million, which included $1.9 million of t:slim Pump sales recognized in the first quarter 2013 that were shipped in the fourth quarter of 2012
  • t:slim Pump shipments grew 79 percent to 3,958 pumps from 2,215 pumps
  • "In addition to seeing continued, increased adoption of the t:slim Pump and meaningful gross margin improvement in the second quarter, we also made significant progress with our new products in development," said Kim Blickenstaff, President and Chief Executive Officer of Tandem Diabetes Care. "We recently submitted a PMA application to the FDA for the t:slim G4™ Insulin Pump, which integrates our t:slim technology with the Dexcom® G4® Platinum CGM System.  This is an important milestone for Tandem as we work to expand our product portfolio to meet the various needs of the diabetes community."

    For the quarter ended June 30, 2014, gross margin was 34 percent compared to 7 percent for the same period of 2013.  The second quarter of 2014 benefited from improvements in the manufacturing process and increased production volumes.  

    For the second quarter of 2014, operating expenses totaled $21.8 million compared to $14.1 million for the same period of 2013.  The increases in operating expenses are primarily associated with
    '/>"/>

    SOURCE Tandem Diabetes Care, Inc.
    Copyright©2014 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6

    Related medicine technology :

    1. Tandem Diabetes Care Acquires Select Patents and Patent Applications from Smiths Medical
    2. Data Related to Chimerixs Antiviral CMX001 to be Presented in Three Poster Sessions at the BMT Tandem Meetings
    3. Data Demonstrating the Safety and Efficacy of Chimerixs Antiviral CMX001 Presented at BMT Tandem Meetings
    4. Tandem Diabetes Care Names Lonnie Smith As Chairman Of The Board
    5. Tandem Diabetes Care Announces FDA Clearance of t:connect Diabetes Management Application for Use with t:slim Insulin Pump
    6. TANDEM DIABETES CARE BECOMES PRESENTING SPONSOR OF THE GREATEST AWARDS SHOW IN DIABETES
    7. Tandem Diabetes Care Prices Initial Public Offering
    8. Tandem Diabetes Care Announces Exercise of Option to Purchase Additional Shares in Initial Public Offering of Common Stock
    9. Tandem Diabetes Care Announces Closing of Initial Public Offering
    10. Tandem Diabetes Care Initiates Voluntary Recall for Specific Lots of Insulin Cartridges Used with t:slim Insulin Pump
    11. Global NewBorn Screening (Tandem Mass Spectrometry, Immunoassay, Enzyme Assay, Electrophoresis, Pulse Oximeter) Market - Forecast to 2019
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:6/2/2015)...  University Hospitals (UH) Case Medical Center is ... area to implant a new miniaturized, wireless monitoring sensor to ... first and only FDA-approved heart failure monitoring device that has ... physicians to manage heart failure., The ... the pulmonary artery (PA) during a non-surgical procedure to directly ...
    (Date:6/2/2015)... CHASE, Md. , June 2, 2015 ... release of its National Practice Guideline for the Use ... Use ( Practice Guideline ).  The Practice Guideline ... addiction related to opioid use. It addresses knowledge gaps ... in recovery, while guiding evidence-based coverage standards by payers. ...
    (Date:6/2/2015)... , June 2, 2015   PDI ... solutions, today announced a series of corporate commitments ... strategies to reduce the threat of antimicrobial-resistant microorganisms ... US Centers for Disease Control and Prevention (CDC) ... Strategy to Combat Antibiotic-Resistant Bacteria. Along ...
    Breaking Medicine Technology:UH Case Medical Center becomes first in region to offer patients a new heart failure monitoring solution 2UH Case Medical Center becomes first in region to offer patients a new heart failure monitoring solution 3American Society of Addiction Medicine Releases National Practice Guideline for the Use of Medications in the Treatment of Addiction Involving Opioid Use 2American Society of Addiction Medicine Releases National Practice Guideline for the Use of Medications in the Treatment of Addiction Involving Opioid Use 3PDI Partners with White House and Centers for Disease Control and Prevention (CDC) to Combat Antimicrobial Resistance 2
    (Date:6/2/2015)... Health Management, LLC, a provider of outcome data, aftercare ... announced today that Jared Smith has joined the company ... responsible for developing and implementing a marketing strategy to ... products and initiatives. , Prior to joining MAP, Mr. ... Irving, Texas, where he was responsible for developing and ...
    (Date:6/2/2015)... Mo. (PRWEB) June 02, 2015 With a ... Senior Living & Health Care has hired Leslie Young ... expansion of human resource initiatives to better understand and respond ... families in Tutera’s 47 communities in 13 states across the ... highest levels of personalized support to our residents, we are ...
    (Date:6/2/2015)... Tennessee (PRWEB) June 02, 2015 ... functional drug response profiling test to help oncologists ... the College of American Pathologists (CAP) for its ... the CAP certification is equivalent to the ‘Good ... president and chief executive officer for DiaTech. “It’s ...
    (Date:6/2/2015)... Though almost the entire Park family was born ... rule their lives. Organizing and hosting the June 14 event ... to the fullest and spreading awareness of HHT. , “I've ... won't live my life in a bubble because something bad ... is to look back on your life with regret because ...
    (Date:6/2/2015)... 02, 2015 For those that have ... exposed to harmful germs, chemicals and bodily fluids from ... to an inventor from Queens Village, N.Y., their worries ... an efficient, fun, hygienic way to store and dispense ... to bugs, chemicals and germs. Furthermore, it insures that ...
    Breaking Medicine News(10 mins):Health News:Jared Smith Joins MAP Health Management, LLC, as Vice President of Marketing 2Health News:Tutera Senior Living & Health Care Hires HR Pro Leslie Young to Lead New Initiatives to Become Employer of Choice 2Health News:Tutera Senior Living & Health Care Hires HR Pro Leslie Young to Lead New Initiatives to Become Employer of Choice 3Health News:Tutera Senior Living & Health Care Hires HR Pro Leslie Young to Lead New Initiatives to Become Employer of Choice 4Health News:DiaTech Oncology Gains College of American Pathologists Accreditation for U.S. CorrectChemo Laboratory 2Health News:Family brings awareness to genetic disease at first Memphis walk 2Health News:Dental Storage and Dispensing Unit Invented by InventHelp Client (LGI-1890) 2
    ... by far most common choice of discipline , THURSDAY, April ... among American parents, but new research suggests it might still ... poll conducted for C.S. Mott Children,s Hospital at the University ... would spank their child in some scenarios, said poll director ...
    ... ... medical missions brigade to Honduras, sponsored by Jackson & Coker in concert with Mission Predisan. ... Alpharetta, GA (Vocus) April ... sponsor a medical missions brigade to Honduras, and accompanying the group will be Tony Rico ...
    ... ... your sensual experience unique this Earth Day with body safe eco-friendly sex toys, award ... dedicated to help reduce waste in local landfills by offering an assortment of rechargeable ... ...
    ... ... the Breast Implants USA website with new photo gallery features, easier access to financing, ... ... relaunch of their breast augmentation information and surgeon referral website, featuring patient-driven ...
    ... potential , THURSDAY, April 22 (HealthDay News) -- Why one ... to his or her innate ability, but a new study ... , "Kids have differences, and we,re not at all saying ... not the whole story," said study author Jeanette Taylor, an ...
    ... ... services for the price of phone-only interpreting services. , ... New York, NY (PRWEB) -- LifeLinks ... the same for LifeLinks Spanish video interpretation service as conventional Spanish phone ...
    Cached Medicine News:Health News:One in Five Parents Would Spank in Certain Settings 2Health News:One in Five Parents Would Spank in Certain Settings 3Health News:Two Jackson & Coker Executives to Accompany Medical Missions Brigade to Honduras 2Health News:Two Jackson & Coker Executives to Accompany Medical Missions Brigade to Honduras 3Health News:Two Jackson & Coker Executives to Accompany Medical Missions Brigade to Honduras 4Health News:Two Jackson & Coker Executives to Accompany Medical Missions Brigade to Honduras 5Health News:Two Jackson & Coker Executives to Accompany Medical Missions Brigade to Honduras 6Health News:Pleasure Galaxie Celebrates the Sensual Side of Earth Day with their Eco-Erotic Collection 2Health News:Searching for Breast Augmentation Surgeons? Breast Implants USA Revamp Aims to Set Standard for Online Experience for Breast Enlargement Patients 2Health News:Searching for Breast Augmentation Surgeons? Breast Implants USA Revamp Aims to Set Standard for Online Experience for Breast Enlargement Patients 3Health News:Searching for Breast Augmentation Surgeons? Breast Implants USA Revamp Aims to Set Standard for Online Experience for Breast Enlargement Patients 4Health News:Better Teachers Make for Stronger Young Readers 2Health News:Better Teachers Make for Stronger Young Readers 3Health News:LifeLinks Revolutionizes Video Interpreting, Shows Spanish Interpreting in Added Dimension-VIDEO! 2
    ... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
    ... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
    ... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
    ... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
    Medicine Products: