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Beta Bionics Streamlines Pharmacy Channel Strategy

Beta Bionics, Inc. held an ADA Investor & Analyst Event in June 2025, where they presented several updates and real-world evidence about their iLet and other product candidates. The company's Chief Executive Officer, Sean Saint, along with other key presenters, discussed various aspects of their products and their impact on the market.

One significant update was their Pharmacy Channel Strategy, which aims to streamline insurance approval, reduce administrative burden, and lower out-of-pocket costs for users. This strategy is designed to provide faster access to new users and increase customer lifetime value. The company has also secured Pharmacy Benefit Manager (PBM) agreements and is focused on health plan adoption.

The event also showcased the Automated Insulin Delivery Continuum, emphasizing the varying levels of user engagement required for different insulin delivery methods. The presentation highlighted the average pump total daily dose (TDD) and the recommended initial pump settings, providing specific insights into the technical aspects of the product.

Furthermore, the company introduced the Bionic Portal for Healthcare Providers, which allows filtering patients by prior therapy and provides outcomes for overall patient cohorts and specific subgroups. This tool is intended to offer healthcare providers a more efficient way to manage and monitor patients using Beta Bionics' products.

The presentation also detailed the Adaptive Algorithm used in the iLet, highlighting its ability to learn and adjust automatically. Real-world evidence presented at the event showed a reduction in the Glucose Management Indicator (GMI) within just two days of using the iLet, indicating its effectiveness in managing glucose levels.

Additionally, the iLet's impact as a population health tool was demonstrated, with data showing that a significant portion of iLet users with Type 1 Diabetes (T1D) had baseline HbA1c levels in the lower range compared to the general population of adults with T1D in the US.

Following these announcements, the company's shares moved 0.62%, and are now trading at a price of $17.89. For more information, read the company's full 8-K submission here.

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