Insulet Establishes Eco-Friendly Disposal Program for the OmniPod(R) Insulin Management System
BEDFORD, Mass., July 8 /PRNewswire-FirstCall/ -- Insulet Corporation
(Nasdaq: PODD), the leader in tubing-free insulin pump technology, announced
today that the Company is introducing an environmentally friendly disposal
program for its OmniPod® Insulin Management System. The Eco-Pod program
will reduce the impact of used Pods on the environment, preventing hazardous
waste from unnecessarily entering landfills. It is the industry's first
program for the environmentally safe disposal of insulin pump components.
"People with diabetes shouldn't have to choose between taking care of
their health and taking care of the environment," said Duane DeSisto,
president & chief executive officer of Insulet. "We are proud to offer our
customers the first environmentally safe disposal program in the insulin pump
industry. The OmniPod System makes diabetes a smaller part of life and now it
will have a smaller impact on the environment."
The Eco-Pod Program provides OmniPod customers an easy way to reduce their
impact on the environment. Following procedures for bio-hazardous waste, the
Pods are disassembled and metals are removed and recycled. The remaining
components are then pulverized. The process takes hazardous waste that might
leach into the ground water out of the waste stream; it also greatly reduces
the volume of materials that are consigned to a landfill.
To participate, customers simply log on to MyOmniPod.com to pre-register.
Insulet will pay for the costs associated with the disposal process, while
program participants are responsible for shipping costs, which are less than
$3 per month. Beginning August 1, a Pod Disposal Kit will be included with
each Pod re-order. The kit includes all the tools customers need to do their
part: a bag for collecting used Pods, a special pre-paid, pre-addressed
bio-hazard shipping envelope and an instruction sheet. Every three months,
participating customers return their used Pods in the shipping envelope. The
first 2,000 customers to enroll in the Eco-Pod program will receive a free,
limited-edition eco-friendly tote bag.
About the OmniPod Insulin Management System
The OmniPod Insulin Management System is the world's only tubing-free
insulin pump. OmniPod offers people living with insulin-requiring diabetes all
the benefits of insulin pump therapy, with unprecedented freedom, comfort and
ease. OmniPod has just two components: the small, discreet, watertight Pod,
worn almost anywhere on the body to hold and deliver insulin; and the PDM
(Personal Diabetes Manager), a hand-held device that communicates wirelessly
to program the Pod, calculates suggested doses and has a built-in FreeStyle®
blood glucose meter.
About Insulet Corporation
Insulet Corporation is an innovative medical device company dedicated to
improving the lives of people with diabetes. The Company's OmniPod Insulin
Management System is a revolutionary, discreet and easy-to-use insulin
infusion system that features two easy-to-use parts with no tubing and
fully-automated cannula insertion. Through the OmniPod System, Insulet seeks
to expand the use of insulin pump therapy among people with insulin-dependent
diabetes. Founded in 2000, Insulet is based in Bedford, MA.
SOURCE Insulet Corporation
CONTACT: Darcy Keane, Lazar Partners for Insulet Corporation,
+1-646-871-8487,
dkeane@lazarpartners.com
Web Site: http://www.MyOmniPod.com