Demise of an Insulin Pump Company (RIP, Asante Snap)
The Diabetes Community got a quick and unwanted snap of harsh reality last Friday when Asante Solutions, makers of the innovative Snap insulin pump, suddenly announced they were closing up shop. With no advanced warning, we learned that the newest and quiet novel diabetes device that's only been on the market for two years will suddenly be no more. Asante posted a virtual "Closed for Business" sign on its website at the end of the day Friday (May 17, 2015) and that brief post pretty much served as its public notice of what happened. The ugly reality is that no matter how good a device may be, or how great a company's ideals and its people are, diabetes care is a business and sometimes the financial side just doesn't work out. RIP, Asante Snap. Now customers are left scrambling, calling distributors to find out how supplies might be available for the now-discontinued Snap pump. That's a total of anywhere from 500 to 1,000 people already us...