NuGen Medical Devices Inc V.NGMD

Alternate Symbol(s): NGMDF

NuGen Medical Devices Inc. is a Canada-based specialty medical device company. The Company is engaged in marketing and selling its InsuJet needle-free injection system designed to improve the lives of millions of diabetics. Its principal business is the research, development and commercialization of needle-free injection devices and systems for the administration of subcutaneous medication. It is developing products using its needle-free delivery technology in several fields including, but not limited to, diabetes, semaglutide, growth and fertility hormone, as well as deoxyribonucleic acid (DNA) and conventional/pediatric vaccines. It is focusing its development efforts on needle free devices in the area of liquid jet delivery through the InsuJet platform. The Company's InsuJet technology platform is based on jet-stream administration of liquid drugs. The Company manufactures and commercializes needle-free injection systems and sells in over 40 countries globally.

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NuGen Medical Devices Inc

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Post by Charts1on Nov 15, 2024 9:11am

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Post# 36314584

NGMD.C

InsuJet [is] the first device to Canada that actually has no needles,” said Daphne Lapenna of Sol-Millennium Medical Ltd. who is introducing the product to Canada on Thursday evening at Banting House.

“The product has a patented spring-loaded system that drives insulin through a small opening in a nozzle, virtually pain free.”

The device uses high pressure dispersion through the skin.

https://london.ctvnews.ca/needleless-insulin-device-being-introduced-in-canada-on-world-diabetes-day-1.7108967

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