No we aren’t making this up
Just this morning after Lilly reported we spent some serious time explaining the complexities of the insulin pump market. Thankfully for Lilly the one path they have chosen not to follow in the device arena is developing one of these stupid patch pumps. Unlike a real insulin pump these systems deliver a preset dose of insulin and have the ability with the touch of button to deliver additional units.
The theory behind all of these projects is that patients following multiple daily injection (MDI) therapy will only have to stick themselves once every three days rather than multiple times per day. Just as the real insulin pump market is overcrowded so too is this market. The big difference being the real insulin pump market is for real while the dumb patch pump market is pure fantasy.
Yet never let it said that these dumb patch pump companies are stupid. Take a look at this from a press release issued today;
“Valeritas Holdings, Inc. (NASDAQ: VLRX), a medical technology company and maker of the V-Go® Wearable Insulin Delivery device, which uses their proprietary h-Patch™ technology, announced today positive results from a preclinical pharmacokinetic (PK) study of cannabidiol (CBD) subcutaneous infusion with two dosing regimens delivered via its proprietary h-Patch™ wearable drug delivery device. The Company believes this study represents the first report of CBD delivered via subcutaneous infusion in any preclinical model.”
According to the Healthline web site;
“Cannabidiol is a popular natural remedy used for many common ailments. Better known as CBD, it is one of the 104 chemical compounds known as cannabinoids found in the cannabis or marijuana plant, Cannabis sativa”
Guess the folks at Valeritas are looking for new markets and it’s no secret that the cannabis market is as hot as CGM or digital diabetes. Yep unlike us old folks who got stoned the old-fashioned way the younger generation is finding all sorts of new and creative ways to get high. Yes you can still smoke weed, damn if that doesn’t make us old as not even sure they call it weed anymore.
Today weed or whatever they call it now comes in eatable forms, guess this is the modern form of pot brownies. Heck you don’t even have to worry anymore about finding a drug dealer as now that pot is legal there are pot dispensaries all over the place, places that deliver too. And it wouldn’t way cool whiz bang if these places didn’t have their own apps as well. Yep you can order pot just as you do a Lyft or Uber. Is America a great country or what?
Right here in San Diego there is a pot company named … wait for it … Mankind not to be confused with MannKind who makes the inhalable insulin Afrezza. Yet think of the possibilities here for a marketing tie up – a patient can order their pot from ManKind then toke down some Afrezza as they are having the munchies.
But why stop there think of all the other drugs which could be delivered via a patch to make the patients life easier. What about all the ED drugs around, it can’t be that hard to transform these pills into a formulation delivered via a patch. Rather than take a pill each day or every three days why not just wear a patch.
Heck here too Valeritas can partner with ManKind the pot company offering an ED patch pump called appropriately the BIG pump and some California sensemilia. To paraphrase our favorite greenskeeper Carl, ‘The amazing stuff about this, is that you use the BIG patch, and just get stoned to the bejeezus-belt that night on the ManKind stuff.'” Or as Rodney Dangerfield said in that same classic movie “We’re all gonna get laid.”
The irony here is that just the other day someone mentioned to us that we should start paying more attention to the connection between cannabis and diabetes. After giving it some thought why not after all Diabetic Investor already has a wine consultant so why not add a cannabis consultant to help with these stories. Now we know everyone wants this job, but we regret to inform everyone we already have found the perfect cannabis consultant, someone with lots of experience and as an added bonus a deep understanding of diabetes.
Listen we have long believed that America is the greatest country on the planet and if this isn’t conclusive proof of that we don’t know what is. Where else can you grow up to become a cannabis consultant. Which is another reason we’re feeling just a little old as never could we have imagined any job that paid you to get stoned. Come to think of it given the way many of the executives act in this wacky world of ours, lots of folk are being paid very well as there is no other reasonable explanation for things they do other than their stoned out of their minds.