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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 ...
Since 2019, DexCom has launched new products like the DexCom One and the G7; it's also expanded into new territories, including its grand entrance into Latin America via Argentina in 2023.
As a result, DexCom's trailing 12-month (TTM) revenue and net income have grown steadily over the past five years, reaching sales of $3.9 billion and net income of $666.9 million. Take a look at ...
Sensors could be worn for up to five days. [13] 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. [13]
Reorder level = Average daily usage rate × Lead time in days = 50 units per day × 7 days = 350 units. When the inventory level reaches 350 units an order should be placed for material. By the time the inventory level reaches zero towards the end of the seventh day from placing the order materials will reach and there is no cause for concern.
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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