May 23, 2013 10:05 AM ET

Healthcare Equipment and Supplies

Company Overview of Tandem Diabetes Care, Inc.

Company Overview

Tandem Diabetes Care, Inc. designs and develops products for the management of diabetes. It offers t:slim, an insulin delivery system for people with diabetes; and t:connect, a Web-based, and PC and Mac compatible application. Tandem Diabetes Care, Inc. was incorporated in 2006 and is based in San Diego, California.

11045 Roselle Street

Suite 200

San Diego, CA 92121

United States

Founded in 2006

Phone:

858-366-6900

Fax:

858-362-7070

www.tandemdiabetes.com

Key Executives for Tandem Diabetes Care, Inc.

Chief Executive Officer
Age: 59
Chief Financial Officer
Age: 46
Vice President of Operations
Vice President of Strategy and Market Research
Vice President of Engineering
Compensation as of Fiscal Year 2012.

Tandem Diabetes Care, Inc. Key Developments

Tandem Diabetes Care, Inc. Announces FDA Clearance of t:connect Diabetes Management Application for Use with t:slim Insulin Pump

Tandem Diabetes Care, Inc. announced that its t:connect(TM) Diabetes Management Application, the web-based data management companion to the t:slim(R) Insulin Pump, has been cleared for use by the U.S. Food and Drug Administration. The t:connect Application is a Mac and PC-compatible data management software application that provides t:slim Pump users and their healthcare providers a fast, easy, and visual way to display data from the pump and supported blood glucose meters. This software empowers users to quickly and easily identify meaningful information and patterns, which allows them to fine-tune therapy and lifestyle choices for improved diabetes management. The t:connect Application makes pump and meter data simple to understand with color-coded graphs and interactive reports. Data uploads from the t:slim Pump to the t:connect Application through a micro-USB connection without interrupting insulin delivery.

Tandem Diabetes Care, Inc. Announces Changes to its Board of Directors

Tandem Diabetes Care, Inc. announced the appointment of Lonnie Smith as Chairman of its Board of Directors. Mr. Smith is Chairman of the Board and former chief executive officer of Intuitive Surgical. He succeeds Dick Allen, who will continue as a member of the Board. Lonnie Smith's career in the medical device industry spans more than four decades. Mr. Smith is Chairman of the Board and an executive officer of Intuitive Surgical, where he previously served as chief executive officer from May 1997 to January 1, 2010. Prior to joining Intuitive Surgical, Mr. Smith was senior executive vice president for Hillenbrand Industries, and he has also held positions with The Boston Consulting Group and IBM Corporation.

Tandem Diabetes Care, Inc. Announces Partnership with Juvenile Diabetes Research Foundation International Inc. to Develop Dual-Chamber Infusion Pump

Tandem Diabetes Care, Inc. announced a partnership with Juvenile Diabetes Research Foundation International Inc. (JDRF) to develop a first-of-its-kind, dual-chamber infusion pump for the management of diabetes. The partnership agreement is designed to accelerate the development of a next-generation, fully automated artificial pancreas system using therapies in conjunction with insulin. JDRF will support Tandem in performance-based milestone funding over the next two years to complete the development, testing, and manufacturing of a novel infusion pump that can simultaneously deliver two injectable hormonal drug therapies.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
August 30, 2012
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