"The breakthrough with this device that we will be developing and industrializing is that the size of the pump is much smaller than existing versions that are now on the market. So for example, it would be possible to conceal it under your clothes with a huge psychological benefit. Now you don't have a medical device in full display attached to your belt let's say. And on top of this, the precision of the injection of insulin is about one order of magnitude better than existing systems. Which means it is possible to mimic much more closely what the pancreas normally does in a non-diabetic patient. And this has potentially enormous benefit for the health of the patient." The Nanopump will have to undergo testing before receiving approvals, but we are told, may be on the market by the end of next year. Bloomberg Boot Camp, I'm Fred Fishkin.