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Ypsomed AG: mylife Loop reaches important milestone toward US approval Donnerstag, 20. Juni 2024 - 07:02

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Media Release

mylife Loop reaches important milestone toward US approval

Burgdorf, 20.06.2024, 7.00 a.m. – The CamAPS FX algorithm has received market authorisation from the United States Food and Drug Administration (FDA). Ypsomed congratulates its partner CamDiab on this achievement and looks forward to further expanding their global partnership. Currently, the mylife YpsoPump is undergoing review by the FDA as an interoperable insulin pump, paving the way for mylife Loop to enter the US market.

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"The approval of the CamAPS FX algorithm in the US market is a significant milestone for us. People with type 1 diabetes and their families in the US will greatly benefit from our automated insulin delivery solution (AID) mylife Loop. CamAPS FX is the only approved AID algorithm with an indication for use in pregnancy. mylife Loop supports all patients in their daily diabetes management and enhances their quality of life, as our experience in Europe shows," says Sébastien Delarive, Chief Business Officer of Ypsomed Diabetes Care.

mylife Loop has achieved leading customer satisfaction and Net Promoter Score (NPS) in Germany – a measure of how likely customers are to recommend a product or service. It has now been launched in most European countries, recently in France, Norway, Spain, and Italy, where it is achieving similar market satisfaction and penetration as in Germany. The approval process in Canada is still ongoing.

About mylife Loop

mylife Loop is a modular offering for the therapy of people with type 1 diabetes. The adaptive mylife CamAPS FX algorithm runs on personal smartphones and is approved for people with type 1 diabetes from the age of one and above in Europe. It is the only algorithm approved for pregnant women with type 1 diabetes. In the mylife Loop solution from Ypsomed, the mylife CamAPS FX algorithm is combined with the mylife YpsoPump and optionally with the FreeStyle Libre 3 from Abbott or the Dexcom G6 Continuous Glucose Monitoring System to form an advanced hybrid closed-loop system.

Contact

Susanne Koehler, Public Relations, Ypsomed Holding AG
+41 34 424 47 32, susanne.koehler@ypsomed.com

This communication and the media material can be found at www.ypsomed.com/pressreleases

Ypsomed Group

Ypsomed is the leading developer and manufacturer of injection and infusion systems for self-medication and a renowned diabetes specialist. The company will celebrate its 40th anniversary in 2024. As a leader in innovation and technology, it is a preferred partner of pharmaceutical and biotech companies for pens, autoinjectors and pump systems for administering liquid medications. Ypsomed presents and markets its product portfolios under the umbrella brand mylife Diabetescare directly to patients, pharmacies, and hospitals as well as under Ypsomed Delivery Systems in business-to-business operations with pharmaceutical companies. Ypsomed is headquartered in Burgdorf, Switzerland. The company has a global network of production facilities, subsidiaries, and distribution partners. Ypsomed has around 2,500 employees worldwide.
www.ypsomed.com

Ypsomed AG, Brunnmattstrasse 6, 3401 Burgdorf
info@ypsomed.com, www.ypsomed.com