Healthcare

Modular Medical Receives Positive Notified Body Decision on ISO 13485:2016 Certification

Modular Medical has received a positive notified body decision concerning certification of its quality management system under ISO 13485:2016. The company says this is separate from CE marking and continues to target a submission in calendar year 2027.

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Modular Medical, Inc. (NASDAQ:MODD) said it has received a positive decision from a notified body regarding certification of its quality management system under ISO 13485:2016. The notified body is designated under the European Union Medical Device Regulation (MDR).

The announcement concerns the San Diego-based medical device company’s preparations for the commercial launch of its Pivot tubeless patch pump and its regulatory plans for European markets.

#ISO 13485 decision and certification status

ISO 13485:2016 is an internationally recognised standard for quality management systems used by medical device manufacturers. Modular Medical said certification would indicate, following an independent audit, that its quality management system meets the applicable requirements within the scope of certification.

The positive notified body decision does not represent a CE mark for Pivot. Modular Medical said ISO 13485 certification is a separate process from CE marking, which requires additional regulatory review.

#CE Mark submission targeted for calendar year 2027

Jeb Besser, Modular Medical’s chief executive officer, described the decision as another milestone in the company’s preparation for a CE Mark submission. The company continues to target that submission for calendar year 2027.

Modular Medical said there can be no assurance that it will obtain a CE mark on its anticipated timeline or at all. If obtained, a CE mark under MDR requirements would allow the company to pursue commercial distribution across the EU, subject to satisfying all applicable regulatory and operational criteria.

#Risks identified by the company

Modular Medical identified risks involving the timing of issuance of its ISO 13485:2016 certificate and its ability to maintain the certification. It also cited the timing and outcome of the planned CE Mark submission, any related notified body review, and its ability to obtain CE marking and commercialise the Pivot insulin delivery system in the European Union.

Other risks identified by the company include the development of its proprietary technologies, market acceptance, anticipated consumer demand, high-volume manufacturing, and general economic, industry or political conditions in the United States or internationally.

#About Modular Medical and Pivot

Modular Medical describes itself as a commercial-stage medical device company developing insulin delivery technologies intended to simplify diabetes management and increase access to insulin pump therapy.

The company says its Pivot tubeless patch pump is designed for people requiring intensive insulin therapy. Pivot was developed to address barriers that have limited wider adoption of insulin pump therapy among patients managing diabetes with multiple daily injections.

#Key Takeaways

  • Modular Medical reported a positive notified body decision concerning ISO 13485:2016 certification of its quality management system.
  • The decision is separate from CE marking and does not mean that Pivot has received a CE mark.
  • The company continues to target a CE Mark submission for calendar year 2027.
  • Any CE mark would remain subject to additional regulatory review and all applicable regulatory and operational criteria.
  • Modular Medical said there is no assurance that it will obtain a CE mark on its anticipated timeline or at all.

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