Market cap here is actually $42B - $23b in equity and $19b in debt. So the loss is really not bigger than the enterprise value of the company, but we are splitting hairs here - it's ugly no matter what way you slice it.

XOHM will help - that's of course if they are not acquired/merge with Clearwire or they don't spin off into their own entity and don't consolidate up to Sprint.

@sr1329 . . . just curious, do you own an iPhone?

@Bill : Respectfully . . . you do not have a needle in you when you wear a pump . . . it is a small tube which i can honestly tell you that you don't feel. I was just like you before I got my pump. I felt like I had decent control just using needles etc. and then I finally took a chance and had a nurse come to my office and put one on me. She said "Ok wear it for the weekend and tell me what you think". I was shocked (had saline in it of course). I was even more shocked when I forgot the thing was on me by the end of the weekend. After that weekend I never looked back. The flexibility and benefits you get from wearing a pump are tremendous. Having said all of this, I certainly respect your decision to not get one. But I will say that a lot of people who say that don't want them are not educated to how they work or have ever even tried one. Besides, if you try one and don't like it . . . you can always go back to needles!!!! Cheers.

but the issue is that this isn't a post about rich vs. poor, it's a post about a medical advancement for diabetics. As a Type 1 diabetic I would love nothing more than to see a cure, but it would be crazy to say stop inventing things to improve our lives and use all of that money and funding to just search for a cure. These things are seperate issues.

@stitifier :

i understand where you are coming from, but are you suggesting just because you can't "hand pumps out" that this isn't promising news? let me ask you a question : are you a type one diabetic? do you wear a pump?

I have Type 1 diabetes, wear a pump, and live in the US. I agree with the comments on the healthcare problem but I can still be excited about an advance like this. I welcome any and all advances in treatment. The point is to continue to advance towards a true artificial pancreas or even better a cure and to help improve the lives and control of diabetics.

Jamie,

I have to disagree. I think that the marriage of BG monitor and Insulin Pump is much, much closer to reality than a cure. Trust me, I wish it were the opposite. I understand your concern and that would be the choice of the individual with diabetes as to whether or not they would want to have a device that adjusts insulin automatically.

I actually don't see it as much different than what I do now. My pump is a machine that I fully rely on to keep my blood sugar as close to normal as possible. It is custom to my body. Of course machines aren't perfect, but I know my body well enough and there are various alarms built into my pump, that if something went wrong, I would know. I give myself insulin based off of the readings that I get from my meter and the carbs that I eat. I would welcome a singluar device that measures my BS and adjusts my insulin. It would be the closest thing to an artificial pancreas that we could have (besides an implantable pump which are sold in Europe but not in the states.)

Blair and Pete,

Thanks for the responses. Educated, calm, and informative . . . that's they way we should all approach these subjects. I see and uderstand you both and feel that this dialouge is constructive.

Here's to finding a cure!!!!!!! I wish you both the best.

Blair,

I too am a diabetic and wear a pump - i test my sugar 10x a day . . . and i thank god everyday that I have a pump. I talk outwardly about my diabetes and everyone i know, knows that I have it. Your comments insinuate that we should not strive to find a cure or advance technologically to make things a little easier for diabetics. While I agree that non-diabetics need to be more well informed, I completely disagree with your comments regarding moving forward - I don't think there is a correlation between inventing (or improving upon) new products and someone wanting to "hide" their diabetes. You are alive and live a relatively normal life because of your pump and your blood sugar meter . . . you should be thankful. I appreciate the efforts of researchers, doctors etc. and hope that they never stop until we find a cure or a vaccine. Based on your comments and especially your last paragraph, it seems that you need to talk to someone .... bottom line is that every diabetics lifestyle would improve if they didn't have diabetes . . . and that's what I am hoping for. Either way . . . good luck.

JBo - who is your company??? Got anything in the pipeline relatively similar? I tried the CGMS from Minimed but you needed to still prick your finger, calibrate it etc. etc.