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MiniMed Group (MMED) investor relations material
MiniMed Group Registration Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Company overview and business model
Develops, manufactures, and markets integrated diabetes management solutions, including insulin pumps, smart pens, CGMs, and dosing algorithms, serving people with Type 1 and insulin-dependent Type 2 diabetes globally.
Operates in approximately 80 countries, with a dual-channel distribution model in the U.S. (DME and pharmacy channels).
Only company commercializing all components of an automated insulin delivery (AID) system, providing a unified user experience and data-driven product development.
Holds a leading position in insulin pumps by user base and leverages a large proprietary dataset for algorithm development.
Financial performance and metrics
Fiscal year 2025 revenue: $2.7 billion; six months ended October 24, 2025: $1.5 billion.
Adjusted EBITDA: $253 million in FY25 (9% of revenue); Net Loss: $198 million (7% of revenue).
Double-digit net sales growth in the last two fiscal years, driven by MiniMed 780G and Simplera CGM launches.
83% of revenue in the latest six months from CGMs, consumables, software, and services; 70% of revenue from outside the U.S.
Over 640,000 pump users globally as of October 2025.
Use of proceeds and capital allocation
Net proceeds from the IPO will be used to repay intercompany debt to Medtronic and for general corporate purposes.
Plans to invest in R&D, manufacturing automation, and global commercial expansion.
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