The submission represents EOFlow, a South Korean medical device company known for the EOPatch insulin pump. While the hardware has real-world utility for diabetics, the project is currently facing catastrophic legal headwinds, having lost a $452M trade secret lawsuit to Insulet in the US (Dec 2024), resulting in sales bans and a cancelled acquisition by Medtronic. The submission quality is extremely poor, featuring hyperbolic falsehoods (claiming 'most people' use the product and reach is 'everyone') and incorrectly listing market cap as monthly revenue. The company's financial survival is in doubt given the damages award exceeds its market cap (~$36M USD).
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Score Breakdown
Project Details
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