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Glucotrack to Exhibit at 2025 Association of Diabetes Care and Education Specialists Annual Meeting
GlobeNewswire News Room· 2025-07-31 12:30
Company Overview - Glucotrack, Inc. is a medical device company focused on the design, development, and commercialization of novel technologies for people with diabetes [5] - The company is developing a long-term implantable continuous blood glucose monitoring system [5][6] Product Details - Glucotrack's Continuous Blood Glucose Monitor (CBGM) is designed to measure blood glucose levels directly from the blood, without the need for on-body wearables, and has a sensor longevity of up to three years [3][6] - The CBGM aims to minimize daily disruptions for diabetes patients by addressing limitations of traditional continuous glucose monitors (CGM), such as frequent sensor changes and challenges associated with on-body wearables [3] Upcoming Events - Glucotrack will participate in the 2025 Association of Diabetes Care and Education Specialists (ADCES) Annual Meeting from August 8-11, 2025, in Phoenix, AZ [1] - The company will showcase its CBGM at Booth 1724 and present a poster on physician perspectives regarding continuous blood glucose monitoring technology [2][3]
Medtronic announces appointment of MiniMed chief financial officer ahead of intended separation into standalone company
Prnewswire· 2025-07-08 12:45
Core Viewpoint - Medtronic plc has appointed Chad Spooner as the chief financial officer (CFO) of MiniMed, ahead of its planned separation into a standalone public company, effective July 14, 2025 [1][5]. Company Overview - Medtronic is a global leader in healthcare technology, headquartered in Galway, Ireland, with a mission to alleviate pain, restore health, and extend life [8]. - The company employs over 95,000 people across more than 150 countries and addresses 70 health conditions through various technologies and therapies [8]. Leadership Appointment - Chad Spooner brings over 25 years of financial leadership experience in healthcare, consumer, and industrial sectors, previously serving as CFO at BIC and holding senior finance roles at General Electric and other companies [2][4]. - His appointment is seen as crucial for driving transformation and growth as MiniMed prepares for independence [3][4]. MiniMed Separation - Medtronic announced that MiniMed will be the name of the new standalone company, honoring its 40-year legacy in diabetes care [3]. - The separation is expected to be completed within 18 months of the initial announcement, subject to customary conditions and legal requirements [5]. Mission and Vision - MiniMed's mission is to make diabetes management more predictable, enhancing the lives of individuals with diabetes through advanced technology and support [7].
New Simplera Sync™ sensor for the MiniMed™ 780G System now FDA approved
Prnewswire· 2025-04-18 23:00
Core Insights - Medtronic has received FDA approval for the Simplera Sync™ sensor, enhancing the MiniMed™ 780G system's capabilities in the U.S. market [1][3] - The Simplera Sync™ sensor is a disposable, all-in-one device that eliminates the need for fingersticks and simplifies the insertion process, providing greater flexibility for users [2][6] - The MiniMed™ 780G system features an adaptive algorithm that adjusts glucose levels every 5 minutes, utilizing Meal Detection™ technology to optimize insulin delivery [2][3] Product Features - The Simplera Sync™ sensor is designed to work seamlessly with the MiniMed™ 780G system, which can now utilize both the Guardian™ 4 sensor and the new Simplera Sync™ sensor [1][3] - The system allows for flexible glucose targets as low as 100 mg/dL and has shown real-world data indicating users achieve over 70% time in range when using optimal settings [2][6] - The MiniMed™ 780G system is the only one that can be paired with an infusion set lasting up to 7 days, significantly reducing the frequency of injections [2][6] Company Commitment - Medtronic is dedicated to innovating diabetes management technologies to improve the quality of life for individuals living with diabetes [3][4] - The company plans a limited launch of the Simplera Sync™ sensor in the U.S. in fall 2025, further expanding its CGM options [3][4] - Medtronic has a long history of pioneering diabetes technology and aims to continue leading in this field through advanced sensors and intelligent dosing systems [4][5]
DXCM Stock Gains Following New Data on Upcoming G7 CGM Sensor
ZACKS· 2025-03-26 12:21
Core Insights - DexCom, Inc. has introduced new data for its G7 15-day continuous glucose monitoring (CGM) sensor, showcasing a mean absolute relative difference (MARD) of 8.0%, positioning it as the most accurate CGM in the market [1] - The G7 sensor's extended wear time and enhanced connectivity are expected to revolutionize diabetes management, particularly for Type 2 diabetes patients [3][4] - The company anticipates FDA approval for the G7 sensor by the second quarter of 2025, with a potential launch in the latter half of the year [5] Product Features and Market Position - The G7 sensor offers a 15-day wear duration, an improvement over the previous 10-day version, which reduces replacement frequency and overall costs for users [4] - DexCom is recognized as the most connected CGM brand globally, with new integration capabilities for devices like Omnipod 5 and NovoPen [10] - The company is leading the CGM market by driving innovation, expanding insurance coverage, and advocating for broader access to diabetes technology [3] Industry Trends and Healthcare Professional Insights - A survey indicates that 52% of healthcare professionals believe CGMs and diabetes education will be more crucial than new medications in managing Type 2 diabetes over the next decade [6] - There is strong support among healthcare professionals for CGM access among insulin users, with 96% advocating for multiple daily insulin injection users to have access [7] - Despite increasing recognition of CGMs, challenges such as funding constraints and restrictive eligibility criteria remain [8] Insurance Coverage and Accessibility - Insurance coverage for CGMs in the U.S. is improving, especially for intensive insulin users, with private insurers beginning to extend coverage to non-insulin users [9] - Medicare currently restricts CGM coverage to insulin users, but advocacy efforts may lead to policy changes in the future [9]