Modular Medical, Inc. (MODD)

Modular Medical, Inc. is a development stage medical device company focused on designing and commercializing innovative insulin pumps. The company aims to improve the adoption of insulin pump therapy within the diabetes market through advanced technology.

46/100 AI Score MCap 25M Vol 302K

Company Overview

CEOJames E. Besser
Employees39
HeadquartersSan Diego, CA, US
IPO Year2022

Modular Medical is revolutionizing diabetes care with its innovative insulin pump technology, poised to capture a significant share of the growing diabetes device market by addressing key barriers to pump adoption and enhancing user experience, despite being in the development stage.

Investment Thesis

Investing in Modular Medical presents a unique opportunity to capitalize on the growing demand for innovative diabetes management solutions. The company's focus on simplifying insulin pump therapy and reducing adoption barriers positions it favorably within the expanding diabetes device market. With a market capitalization of $0.03 billion, MODD offers significant upside potential if it successfully commercializes its insulin pump system. Key value drivers include securing regulatory approvals, establishing manufacturing capabilities, and effectively marketing its product to healthcare providers and patients. The company's innovative technology and user-centric design could drive substantial revenue growth and market share gains. The negative P/E ratio of -1.09 reflects its development stage, but successful product launch could lead to rapid earnings growth and a re-rating of the stock. The beta of -0.19 suggests low volatility relative to the market, but this may change as the company progresses towards commercialization.

Key Highlights

  • Modular Medical is a development stage company focused on insulin pump technology, indicating high growth potential but also inherent risks.
  • The company aims to address key barriers to insulin pump adoption, potentially unlocking a larger market share.
  • Headquartered in San Diego, a hub for medical device innovation, providing access to talent and resources.
  • Market capitalization of $0.03 billion suggests significant growth potential if the company successfully commercializes its products.
  • The company's focus on user-centric design could lead to higher patient compliance and better clinical outcomes.

Competitors

Strengths

  • Innovative insulin pump design.
  • Focus on user-friendliness and simplicity.
  • Potential to disrupt the existing insulin pump market.
  • Experienced management team with expertise in medical devices.

Weaknesses

  • Development stage company with no current revenue.
  • Reliance on successful regulatory approvals.
  • Limited financial resources.
  • High competition in the insulin pump market.

Catalysts

  • Upcoming: Completion of clinical trials for its insulin pump system.
  • Upcoming: Submission of regulatory filings for FDA approval.
  • Upcoming: Securing partnerships with key healthcare providers.
  • Ongoing: Development and refinement of its insulin pump technology.
  • Ongoing: Expansion of its intellectual property portfolio.

Risks

  • Potential: Failure to obtain regulatory approvals.
  • Potential: Delays in product development and commercialization.
  • Potential: Competition from established players with greater resources.
  • Ongoing: Dependence on raising additional capital to fund operations.
  • Ongoing: Risk of product liability claims.

Growth Opportunities

  • Expansion into Continuous Glucose Monitoring (CGM) Integration: Integrating its insulin pump with CGM technology represents a significant growth opportunity for Modular Medical. The CGM market is projected to reach billions of dollars in the coming years, driven by the increasing demand for real-time glucose monitoring. By offering a fully integrated system, Modular Medical can enhance user convenience and improve diabetes management outcomes, potentially capturing a significant share of the integrated insulin pump and CGM market within the next 3-5 years.
  • Strategic Partnerships with Healthcare Providers: Collaborating with leading endocrinologists and diabetes clinics can accelerate the adoption of Modular Medical's insulin pump. These partnerships can provide access to a large patient base and facilitate product education and training. By establishing strong relationships with key healthcare providers, Modular Medical can gain a competitive advantage and drive sales growth. This strategy could yield significant results within the next 2-3 years as the company launches its product.
  • Geographic Expansion into International Markets: Expanding into international markets, particularly Europe and Asia, presents a substantial growth opportunity for Modular Medical. The prevalence of diabetes is increasing globally, creating a large and underserved market for innovative insulin delivery systems. By adapting its product to meet the specific needs of different regions and navigating the regulatory landscape effectively, Modular Medical can tap into new revenue streams and diversify its geographic footprint. This expansion could begin within 3-5 years following successful US commercialization.
  • Development of a Closed-Loop System: Developing a closed-loop insulin delivery system, also known as an artificial pancreas, represents a long-term growth opportunity for Modular Medical. This system would automate insulin delivery based on real-time glucose levels, further simplifying diabetes management and improving patient outcomes. While this is a complex and technologically challenging endeavor, it could position Modular Medical as a leader in the diabetes care market and drive significant value creation over the next 5-7 years.
  • Direct-to-Consumer Marketing and Sales: Implementing a direct-to-consumer (DTC) marketing and sales strategy can help Modular Medical reach a wider audience and increase brand awareness. By leveraging digital channels and social media, the company can educate potential customers about the benefits of its insulin pump and drive online sales. A successful DTC strategy could significantly boost sales and market share within the first 2-3 years of commercial launch.

Opportunities

  • Growing demand for insulin pump therapy.
  • Potential for partnerships with healthcare providers.
  • Expansion into international markets.
  • Development of a closed-loop insulin delivery system.

Threats

  • Competition from established players.
  • Technological advancements by competitors.
  • Changes in regulatory requirements.
  • Economic downturn affecting healthcare spending.

Competitive Advantages

  • Proprietary insulin pump technology.
  • Focus on user-centric design and ease of use.
  • Potential for strong brand reputation based on innovation and customer satisfaction.
  • Intellectual property protection through patents and trademarks.

About

Modular Medical, Inc., headquartered in San Diego, California, is a development stage medical device company dedicated to transforming the diabetes management landscape. The company focuses on the design, development, and commercialization of user-friendly and technologically advanced insulin pumps. Modular Medical was founded with the vision of increasing insulin pump adoption by addressing the common barriers that prevent individuals with diabetes from utilizing this life-changing therapy. These barriers include the complexity of existing systems, high costs, and social stigmas associated with traditional devices. The company's primary focus is on creating a modular insulin pump system that is both intuitive and discreet. This system is designed to simplify the user experience, reduce manufacturing costs, and improve patient compliance. By leveraging innovative technologies and a user-centric design approach, Modular Medical aims to make insulin pump therapy more accessible and appealing to a broader range of individuals with diabetes. As a development stage company, Modular Medical is currently working towards completing the necessary regulatory approvals and preparing for the commercial launch of its insulin pump system. The company believes its innovative approach will position it as a key player in the diabetes device market, offering a compelling alternative to existing solutions.

What They Do

  • Designs innovative insulin pumps.
  • Develops user-friendly diabetes management technology.
  • Focuses on enhancing insulin pump adoption.
  • Aims to simplify the user experience for diabetes patients.
  • Works to reduce the cost of insulin pump therapy.
  • Seeks to improve patient compliance with diabetes treatment.
  • Prepares for commercial launch of its insulin pump system.

Business Model

  • Develops and manufactures insulin pumps.
  • Sells insulin pumps directly to patients or through distributors.
  • Generates revenue from the sale of consumables, such as insulin cartridges.
  • Potentially offers service and support contracts for its insulin pump system.

Industry Context

The medical device industry, particularly the diabetes care segment, is experiencing significant growth driven by the increasing prevalence of diabetes globally. The market for insulin pumps is projected to expand as technological advancements make these devices more user-friendly and effective. Modular Medical is positioning itself to compete in this market by focusing on innovation and addressing the unmet needs of individuals with diabetes. Competitors include established players and other emerging companies developing novel insulin delivery systems. The industry is characterized by stringent regulatory requirements and intense competition, but also offers substantial opportunities for companies with differentiated products and strong market execution.

Key Customers

  • Individuals with type 1 diabetes.
  • Individuals with type 2 diabetes who require insulin therapy.
  • Endocrinologists and diabetes educators.
  • Hospitals and clinics that treat diabetes patients.
AI Confidence: 71% Updated: 2/3/2026

Financials

Chart & Info

Price Chart

Modular Medical, Inc. (MODD) stock price: $0.39 (+0.00, +1.17%)

Why Bull

  • Insider buying activity has increased, indicating confidence from leadership in the company's future prospects.
  • Recent product developments have generated positive buzz in the medical community, enhancing brand visibility.
  • Social sentiment has shifted positively, with discussions highlighting the innovative nature of Modular Medical's offerings.
  • The company has attracted interest from institutional investors, suggesting a growing belief in its long-term potential.

Why Bear

  • Concerns about regulatory hurdles have surfaced, creating uncertainty around product approvals and market entry.
  • Community sentiment remains cautious, with some discussions reflecting skepticism about the company's ability to scale operations effectively.
  • Recent earnings reports have shown slower growth than anticipated, raising doubts among investors about future performance.
  • Competitive pressures in the medical device sector are intensifying, with rivals launching similar products that could capture market share.

Latest News

Technical Analysis

RSI(14)
--
MACD
--
Volume
301,534

Rationale

AI-generated technical analysis for MODD including trend direction, momentum, and pattern recognition.

What to Watch

Key support and resistance levels, volume signals, and upcoming events.

Risk Management

Position sizing, stop-loss levels, and risk-reward assessment.

Community

Discussion

Share your analysis and discuss Modular Medical, Inc. (MODD) with other investors. Log in to post.

Sentiment

Community sentiment and discussion activity for MODD.

Make a Prediction

Set your price target for Modular Medical, Inc. (MODD), choose a timeframe, and track your prediction accuracy.

Current price: $0.39

Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for MODD.

Price Targets

Wall Street price target analysis for MODD.

Insider Flow (30d)

DeSisto Duane M
Insider
1 month ago
BOUGHT
274,890 shares
Vos Ellen O'Connor
Insider
1 month ago
BOUGHT
7,500 shares
Sheibley Philip Brent
Insider
1 month ago
BOUGHT
7,500 shares
Goldberg Jeff D
Insider
1 month ago
BOUGHT
7,500 shares
FELSHER STEVEN G
Insider
1 month ago
BOUGHT
261,427 shares
Volkart Carmen B
Insider
1 month ago
BOUGHT
21,460 shares
FRANK MORGAN C.
Insider
1 month ago
BOUGHT
11,250 shares
FELSHER STEVEN G
Insider
2 months ago
BOUGHT
283,177 shares
Sheibley Philip Brent
Insider
2 months ago
BOUGHT
108,513 shares

MoonshotScore

45.5/100

Score Factors

  • Revenue Growth 5/100

    Revenue growth data is currently unavailable for this company.

  • Gross Margin 5/100

    Gross margin data is currently unavailable for this company.

  • Operating Leverage 4/100

    Limited operating leverage due to slower revenue growth, keeping profit scaling constrained.

  • Cash Runway 5/100

    Cash position data is currently unavailable for this company.

  • R&D Intensity 5/100

    R&D spending data is currently unavailable for this company.

  • Insider Activity 6/100

    No significant insider buying or selling recently, which is neutral for the stock outlook.

  • Short Interest 5/100

    Float and volume data unavailable for liquidity analysis.

  • Price Momentum 0/100

    No bullish technical signals detected. The stock lacks upward price momentum currently.

  • News Sentiment 5/100

    No sentiment data available

What does this score mean?

The MoonshotScore rates MODD's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Frequently Asked Questions

What does Modular Medical, Inc. do?

Modular Medical, Inc. is a development stage medical device company focused on revolutionizing diabetes management. The company is dedicated to the design, development, and commercialization of innovative insulin pumps that are user-friendly and technologically advanced. By addressing the barriers to insulin pump adoption, such as complexity and cost, Modular Medical aims to make this life-changing therapy more accessible to a broader range of individuals with diabetes, ultimately improving their health outcomes and quality of life. The company is headquartered in San Diego, California.

Is MODD stock a good buy?

MODD stock represents a high-risk, high-reward investment opportunity. As a development stage company with no current revenue, MODD's valuation is based on its potential to successfully commercialize its insulin pump system. The company's innovative technology and focus on user-centric design could drive significant growth if it secures regulatory approvals and establishes a strong market presence. However, investors should be aware of the inherent risks associated with investing in early-stage medical device companies, including regulatory hurdles, competition, and the need for additional capital. A thorough assessment of the company's technology, market potential, and financial resources is essential before making an investment decision.

What are the main risks for MODD?

The main risks for Modular Medical include the potential failure to obtain regulatory approvals from the FDA, which would significantly impact its ability to commercialize its insulin pump system. Delays in product development and commercialization could also negatively affect the company's prospects. Furthermore, Modular Medical faces intense competition from established players in the insulin pump market, such as Medtronic and Tandem Diabetes Care, who have greater financial and marketing resources. The company's dependence on raising additional capital to fund its operations also poses a risk, as access to funding may be limited or come at unfavorable terms.

Is MODD a good stock to buy?

Whether MODD is a good investment depends on your financial goals, risk tolerance, and investment horizon. Key factors to evaluate include the company's revenue growth trajectory, profit margins, debt-to-equity ratio, competitive moat, and valuation multiples (P/E, P/S, EV/EBITDA) relative to industry peers. Our AI-generated Investment Thesis and SWOT analysis on this page provide a data-driven starting point. Always do your own research and consider consulting a financial advisor before making investment decisions.

What is the MODD MoonshotScore?

The MoonshotScore for MODD is an AI-powered rating from 0 to 100 that evaluates a stock across four dimensions: growth potential (revenue and earnings trajectory), financial health (balance sheet strength, cash flow), market momentum (price trends, volume patterns, institutional flows), and risk factors (volatility, debt levels, sector headwinds). Scores above 70 indicate strong potential, 50-70 moderate, and below 50 suggests caution. The score is recalculated daily using the latest financial data and market signals.

How often is MODD data updated?

MODD stock prices are updated in real-time during U.S. market hours (9:30 AM - 4:00 PM ET, Monday through Friday). After-hours and pre-market prices are also tracked. Company fundamentals (earnings, revenue, balance sheet) are refreshed when new quarterly or annual reports are filed. Analyst ratings, price targets, and AI-generated insights are updated daily. Breaking news related to MODD is aggregated continuously from premium financial news sources throughout the day.

What are the growth catalysts for MODD?

Growth catalysts for Modular Medical, Inc. (MODD) can include several categories: product catalysts (new launches, FDA approvals, patent grants), financial catalysts (earnings beats, margin expansion, share buybacks), strategic catalysts (acquisitions, partnerships, market expansion into new regions), and macro catalysts (favorable regulation, industry tailwinds, secular growth trends). Our AI analyzes Modular Medical, Inc.'s specific catalysts using earnings transcripts, SEC filings, and news sentiment to identify the most impactful near-term and long-term drivers.

Who are MODD's main competitors?

Modular Medical, Inc. (MODD) competes with companies in its industry that target similar customers, markets, or product categories. Competitor analysis involves comparing key metrics: market share, revenue growth rates, profit margins, R&D spending, and valuation multiples. Understanding competitive positioning helps investors assess whether MODD has a sustainable competitive advantage (moat) through brand strength, network effects, cost leadership, or switching costs. Our Competitors section provides a side-by-side comparison with relevant peers.

What do analysts say about MODD?

Wall Street analyst coverage for MODD includes consensus ratings (buy, hold, or sell), 12-month price targets, and earnings estimates. Analyst opinions are aggregated from major investment banks and research firms. Key metrics to watch include the consensus price target (average, high, and low estimates), the number of analysts covering the stock, any recent rating changes (upgrades or downgrades), and how actual earnings compare to analyst estimates (beat or miss history). Our platform aggregates these from multiple data providers for a comprehensive view.

What is MODD's market cap?

Market capitalization (market cap) for MODD is calculated by multiplying the current share price by the total number of outstanding shares. It represents the market's total valuation of the company. Stocks are typically categorized as mega-cap ($200B+), large-cap ($10B-$200B), mid-cap ($2B-$10B), small-cap ($300M-$2B), or micro-cap (under $300M). Market cap influences index inclusion, institutional ownership eligibility, and risk profile. Our Key Statistics section shows MODD's current market cap alongside enterprise value and other valuation metrics.

How has MODD stock performed recently?

MODD's recent stock performance can be evaluated across multiple timeframes: daily price changes, week-over-week momentum, monthly trends, and year-to-date returns. Important performance indicators include the stock's 52-week high and low, moving averages (50-day and 200-day SMA), relative strength index (RSI), and volume trends. Comparing MODD's performance against its sector index and the S&P 500 provides context on whether it is outperforming or underperforming the broader market.

What are the risks of investing in MODD?

Key risk categories for MODD include: market risk (overall market downturns affecting stock prices), company-specific risk (management changes, product failures, competitive threats), financial risk (high debt levels, cash burn, dilution from stock issuance), regulatory risk (government policy changes, lawsuits, compliance issues), and macroeconomic risk (interest rate changes, inflation, currency fluctuations). Beta measures MODD's volatility relative to the market - a beta above 1.0 means higher volatility than the S&P 500. Our AI-generated risk assessment identifies the most relevant risk factors for this specific stock.

Are insiders buying or selling MODD?

Insider trading activity for MODD tracks purchases and sales by company executives, directors, and major shareholders (10%+ owners) as reported in SEC Form 4 filings. Insider buying is generally considered a bullish signal because insiders have the deepest knowledge of company operations, while selling may have various motivations (diversification, tax planning, pre-planned 10b5-1 trading plans). Key metrics include the buy-to-sell ratio, total dollar value of insider transactions, and whether multiple insiders are trading in the same direction. Our Insider Flow tab shows recent transactions with dates and dollar amounts.

Is MODD a good stock for beginners?

Modular Medical, Inc. (MODD) can be suitable for beginner investors depending on several factors. Look at the MoonshotScore on this page for an overall AI-powered assessment of growth potential and risk. Beginners should also check the company's market cap (larger companies tend to be less volatile), gross margin (higher margins mean stronger business fundamentals), and cash position (healthy cash reduces bankruptcy risk). Always start with a small position size and never invest money you cannot afford to lose.

How risky is MODD for first-time investors?

Every stock carries risk, including Modular Medical, Inc. (MODD). First-time investors should review the Risk Factors section on this page for company-specific risks. Key risk indicators include price volatility (check the chart for daily swings), insider selling activity (see Insider Flow tab), and cash runway (see MoonshotScore breakdown). A diversified portfolio with an index fund like the S&P 500 as a core holding is generally recommended before adding individual stocks like MODD.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Data provided for informational purposes only.

AI Analysis Notes
  • Information is based on limited publicly available data due to the company's development stage.
Data Sources
profilefundamentalsexistingCopy