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Beta Bionics (BBNX) investor relations material

Beta Bionics Morgan Stanley 23rd Annual Global Healthcare Conference summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Morgan Stanley 23rd Annual Global Healthcare Conference summary8 Sep, 2025

Product innovation and differentiation

  • Introduced the Bionic Pancreas, an automated insulin delivery system with adaptive algorithms, reducing the need for provider setup and management.

  • Focused on broad applicability, compatibility with preferred CGMs, and pharmacy channel access to improve population health outcomes.

  • Clinical data shows identical outcomes for patients managed by primary care providers and endocrinologists, supporting ease of use.

  • Multi-form factor approach with both tubed and tubeless options to address diverse patient preferences and maximize market reach.

  • Durable-disposable design enhances user experience and supports superior gross margins compared to competitors.

Market dynamics and adoption

  • Insulin pump adoption in type 1 diabetes remains below 50%, mainly due to complexity for primary care providers.

  • CGM adoption surged after devices became easier to use, suggesting simplicity is key for pump adoption as well.

  • Type 2 diabetes segment is rapidly increasing in pump adoption, with significant improvements in high A1C populations.

  • Real-world data shows a portion of users operate in fully closed-loop mode with minimal engagement, achieving strong glycemic outcomes.

Business model and competitive strategy

  • Emphasizes a fast, engineer-led decision-making culture, avoiding bureaucratic processes to maintain innovation speed.

  • Over-the-air software updates for devices provide a competitive edge in integrating new CGMs and features.

  • Advocates for a pay-as-you-go rental model, aligning revenue with product satisfaction and enabling faster technology adoption.

  • Sees the rental model as beneficial for companies with superior technology, while competitive bidding and price pressure could limit market choice.

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Q3 202528 Oct, 2025
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Frequently asked questions

Beta Bionics Inc is a U.S.-based medical technology company focused on the development of autonomous insulin delivery systems for people with diabetes. The company is developing the iLet Bionic Pancreas, an all-in-one wearable device designed to automate blood glucose management using insulin or a combination of insulin and glucagon. Beta Bionics aims to improve the quality of life for individuals with type 1 diabetes through advanced, user-friendly technologies. The company is headquartered in Boston, Massachusetts, and its shares are listed on the NASDAQ.

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