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The Dexcom G7 was approved in December 2022 by the FDA for use as a standalone device and is the most accurate currently approved CGM in the U.S. [18] In a 2024 interview, Jake Leach, Dexcom's COO, stated his belief that while noninvasive glucose monitoring is a "beautiful concept" current technology doesn't match the accuracy of existing ...
More recently, DexCom launched Stelo, an over-the-counter CGM option for type 2 diabetes patients not using insulin, and for people with pre-diabetes. We can expect much more progress of this sort ...
DexCom's recent plunge was due to short-term issues, including patients taking advantage of rebates more than anticipated and a slower adoption of its G7 than it had hoped. These headwinds will ...
In 2012, Dexcom released a new device that allowed for the sensor to be worn for seven days and had a transmission distance of 20 feet. Dexcom later introduced an app allowing data from the sensor to be transmitted to an iPhone. This system was approved for pediatric use in 2015. [14]
Right now, DexCom's stock is valued at a price-to-earnings (P/E) multiple of 42. Assuming that valuation holds up over time, it'd have a market cap of roughly $469 billion in 2034, or 1,605% ...
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