Insulin pump manufacturing business Asante Solutions is closing its corporate doors in Sunnyvale, CA, and the Asante Snap will presently be a diabetes device of the past.

The news broke late Friday, when Asante's Theater director of Customer Care and Reimbursement Gil Bautista posted this announcement on the company's site:

"We regret to inform you that as of Fri, Whitethorn 15, 2015, Asante Solutions, maker of the Snap Insulin Pump, will… no longer embody in business. If you are a Snap substance abuser, please contact lens your healthcare supplier with whatever nonsubjective questions you take over. For questions about your ticker supplies, delight contact the distributor that has been shipping your supplies.

"If you are fascinated in transitioning to a new ticker, we suggest you call Animas to learn more about the raw Animas Vibe, which is desegrated with Dexcom CGM. Animas is graciously offering a pocket-sized fourth dimension offer to all present Snap users to transition to the Animas Vibe pump. If you are interested in learning more, simply claim 1-877-937-7867 x1562 . We sincerely regret this situation."

Holy… WOW!!

We haven't been able to reach anyone at Asante for comment or more details, but we did receive an email former Friday that Johnson & Johnson Diabetes Solutions — makers of Animas — apparently dispatched bent on Asante's cay contacts and constituents, most transitioning existent Snap customers to the Animas Vibe that merely came out at class's offse. The email states, in start out:

"Conscionable before this announcement, the leadership of Asante specifically asked Animas to aid their customers direct this modulation, and we've in agreement to help.

"We understand how disappointing and thwarting IT can be for patients to unexpectedly have to go through the process of finding a newly insulin pump and company that will meet their needs. Our goal is to help every Asante Flick Insulin Ticker user receive a new Animas Insulin Ticker as quickly and easily equally possible.

"To start the work of receiving a replacement Animas Insulin Pump, we are asking completely Asante Snap ticker patients to call toll free 1-877-937-7867 x1562. Our Customer Care Representatives are available to assist them Monday – Friday, 8:00 AM – 8:00 PM EST.

"Because this is much a new development, we are continuing to run through the inside information of this renewal program… Delight be forbearing if we are not able to answer all of your questions about the program at this time. More information will exist provided as shortly as it is available."

Again — Whoa!

Speculation is that investors pulled the punch. This is especially disappointing granted Asante's reinvigorated approach to creating a customizable insulin pumping experience, along with it's interest in developing talking pump technology, and encouraging open-source data-sharing.

We're watching this story closely. So further we've got this scoop from an Asante insider, and leave report back with Sir Thomas More inside information as they emerge.