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Animas Corporation

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Animas Corporation design, develop, manufacture, and sell external insulin pumps for people with diabetes

West Chester, United StatesFounded 1996Biotech & Life Sciences
Valuation $0–100M Latest valuation · 2004
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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About Animas Corporation

Animas Corporation, founded in 1996 and headquartered in West Chester, Pennsylvania, specialized in the development and manufacturing of insulin pumps for patients with diabetes. The company went public in May 2004, trading under the ticker symbol PUMP. In December 2005, Johnson & Johnson announced its intention to acquire Animas for approximately $518 million, a deal that was finalized in February 2006. Following the acquisition, Animas operated as a stand-alone entity within Johnson & Johnson's diabetes care division, reporting through LifeScan, Inc.

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Animas focused on providing insulin delivery systems to the diabetes care market. Its business model revolved around the design, production, and sale of computerized insulin pumps and related accessories to individuals requiring insulin therapy. The company's products included the Animas Vibe and OneTouch Ping insulin pumps. The Animas Vibe was a notable product that integrated with Dexcom's Continuous Glucose Monitoring (CGM) technology, allowing users to view real-time glucose data and trends directly on the pump's color screen. This system was designed to be waterproof and offered precise, fine-tuned insulin dosing, which was particularly beneficial for pediatric patients. The OneTouch Ping system featured a wireless connection to a paired glucose meter remote. Another offering was the Animas 2020 pump, though this model later faced a software issue that would render it inoperable after December 31, 2015.

Despite its product offerings, Animas faced significant challenges due to rapidly changing market dynamics and intense competitive pressures. In October 2017, Johnson & Johnson announced the closure of Animas Corporation and its exit from the insulin pump business. The company discontinued the manufacturing and sale of its Animas Vibe and OneTouch Ping pumps in the U.S. and Canada and made arrangements with Medtronic to facilitate a transition for its approximately 90,000 patients. The decision was part of a broader strategic review by Johnson & Johnson of its diabetes care companies. At the time of its closure, Animas employed approximately 410 people globally.

Source: Dealroom company data

At a glance

Status
Operational
Founded
1996
Headquarters
West Chester, United States
Employees
146
Open positions
None listed
Dealroom signal
58.3/100
Industry
Health
Sub-industry
BioTechnology, Medical Devices
Sector
Biotech & Life Sciences, Personal Health, Diabetes, Biotechnology, Spinout, Biotech and Pharma, DT and LS, science-based
Business model
Manufacturing
Client focus
b2c

Latest news

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
IPOExit May 2004 $0 Undisclosed
LATE VCEquity / VC Jan 2004 $17M $68M HLM Management Company · Johnson & Johnson Development Corporation · Liberty Ventures
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Growth signals

Animas Corporation website traffic

Latest recorded traffic for Animas Corporation is 160 monthly website visits, down 11.1% over the last three months. Animas Corporation's team grew 0% over the past year.

Latest monthly visits160 3-month web change-11.1% 1-year team growth0%
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Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later3 investors entered at this stage

  • HLM Management Company
  • Johnson & Johnson Development Corporation
  • Liberty Ventures

Other known investors1 additional known investor

  • Thomas Jefferson University
Employees 146 total headcount
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Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · West Chester HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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