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Home » How Dexcom designed a new “life-changing” sensor for even more people with diabetes

How Dexcom designed a new “life-changing” sensor for even more people with diabetes

January 10, 2024 By Sean Whooley

Stelo glucose sensor by Dexcom Phone (1)
The Stelo glucose monitor. [Image courtesy of Dexcom]
Dexcom (Nasdaq: DXCM) Chair, President and CEO Kevin Sayer says that, in 2019, he gave a speech announcing the company’s first $1 billion year. This week, Sayer announced the continuous glucose monitor maker’s first $1 billion quarter.

Plenty of innovation has bolstered that progress over the past few years. Nearly one year ago, Dexcom launched its next-generation G7 CGM. Last month, the company announced new integrations with automated insulin delivery systems from Tandem and Beta Bionics.

Now, the company can expect even more growth, thanks to its next major product launch.

Dexcom announced that it submitted its new sensor, Stelo, to the FDA for review. The company expects to launch Stelo, which is designed for people with type 2 diabetes who don’t use insulin, this coming summer.

“Our mission is to empower people to control health and this is the first step along that journey,” Sayer told Drug Delivery Business News. We’ll always be very active in the insulin-using world. That is our core business. Those are our core customers and, really, the people that have gone with us this on this journey. We’re never going to abandon that.

“We’ll continue to advance and enhance our technologies here but we just think glucose can be such a vital sign for other people wanting to control their health.”

Get the full story at our sister site, Drug Delivery Business News.

Filed Under: Business/Financial News, Diabetes, Featured, Health Technology, In-Depth Coverage, Patient Monitoring, Software / IT, Special Content Tagged With: Dexcom

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About Sean Whooley

Sean Whooley is a senior editor who mainly produces work for MassDevice, Medical Design & Outsourcing and Drug Delivery Business News. He received a bachelor's degree in multiplatform journalism from the University of Maryland, College Park. You can connect with him on LinkedIn or email him at [email protected].

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