CEO Mike Netz Resigns From InsuLine Medical

March 4, 2015 | InsuLine Medical CEO Mike Netz resigned from his position after the company’s share price dropped seventy percent. The big dip the company’s share price occurred after the company announced that it was unable to secure the proper insurance clearance for its product for the treatment of diabetes in Germany. The company reports that Netz will be temporarily replaced by Eyal Levy, a member of the company’s board. Insuline Medical was founded in 2007 and is headquartered in Petah Tikvah.