Dexcom Announces Google Collaboration
“This partnership has the potential to change the face of diabetes technology forever”
“Working together, we believe we can introduce products that will move us beyond our core Type 1 business to become the standard of care for all people living with diabetes”
“
Initial products to be developed under the agreement will focus on minimizing both the cost and size of CGM body worn components. The products will be designed to be disposable, and will be intended for use across all diabetes markets. The goal is to empower more people to control their diabetes with real-time and actionable information by developing a low-cost, small, bandage-sized sensor that is connected to the cloud. By addressing these needs, we believe we will have the platform that can replace finger sticks and become the standard of care.”
Kevin Sayer
SAN DIEGO--(BUSINESS WIRE)-- DexCom, Inc. (NASDAQ:DXCM), a leader in continuous glucose monitoring (CGM) for people with diabetes, announced today that it has entered into an agreement with the life sciences team at Google to jointly develop a series of next-generation CGM products that are designed to be smaller and less expensive than existing technologies. These new products will incorporate Google's miniaturized electronics platform with DexCom's best-in-class sensor technology. This collaboration also provides an opportunity to better utilize the data generated by these CGM products to significantly improve the outcomes and reduce the costs associated with diabetes care.
I spoke with Kevin a few days after this announcement for the Juicebox Podcast. It's a great listen if you are interested in Dexcom technology. The show is available on iTunes and wherever you find your podcasts. You can also listen here with this player.
