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DexCom finished the quarter with $2.5 billion in cash and cash equivalents on hand, and it brought in about $535 million in free cash flow over the trailing 12-month period.
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 ...
He was a founding Verily team member and led the development of the Dexcom G7 in the company's partnership with Dexcom. [1] [2] The G7 launched worldwide in 2022 and the partnership generated more than $500M of revenue for Verily, the most of any Verily program reported to date. [3] [4]
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Verily Life Sciences LLC, [2] also known as Verily (formerly Google Life Sciences), is Alphabet Inc.'s research organization devoted to the study of life sciences. [3] [4] The organization was formerly a division of Google X, until August 10, 2015, when Sergey Brin announced that the organization would become an independent subsidiary of Alphabet Inc. [5] with restructuring completed on ...
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