CeQur SA, a company focused on the development and commercialization of simple insulin delivery devices, announced that the PaQ® Insulin Delivery Device has received CE Mark approval….
PaQ is a discreet, wearable device that provides three days of consistent, basal insulin delivery as well as easy, on-demand bolus insulin for individuals with type 2 diabetes. The small device comprises a disposable insulin-infuser reservoir attached to a reusable insulin monitor. PaQ is simple to use, making it easy to train patients to start and stay on insulin therapy.
"This regulatory achievement demonstrates the quality of both the PaQ device and the internal processes we’ve put in place to move this unique, important product through development and into the marketplace," said James Peterson, founder and CEO, CeQur.
CeQur recently announced the successful completion of a clinical study conducted with the University Hospital Graz, Austria, evaluating the ability of PaQ to replace insulin injections among people with type 2 diabetes. Study endpoints included glycemic control, patient satisfaction and safety. CeQur expects to share initial results early next year.
CeQur was established in January 2008. The company’s lead product candidate is the PaQ Insulin Delivery Device, a novel, wearable device that provides freedom from multiple daily injections. More information can be found at www.cequrcorp.com.
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