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Dexcom was founded in 1999 by Scott Glenn, John Burd, Lauren Otsuki, Ellen Preston and Bret Megargel. [3] [4] In 2006, Dexcom received U.S. Food and Drug Administration (FDA) approval and launched the Dexcom STS Continuous Glucose Monitoring System, which is a three-day sensor that provides up to 288 glucose measurements for every 24 hours ...
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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 ...
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 ...
In January 2021, Teladoc began offering a diabetes management service through Dexcom. [55] Later that year, Teladoc Health launched myStrength Complete, a "unified mental health care platform for its B2B customers." [56] In June 2021, Teladoc sued the company Avail for allegedly infringing on three patents related to telemedicine consoles. [57]
In November 2011, the company received FDA clearance to market the t:slim Insulin Pump, the first ever touch-screen insulin pump. [10] In February 2013, the company received FDA clearance to market the t:connect Diabetes Management Application, a Mac and PC-compatible data management application that provides t:slim Pump users and their healthcare providers a way to display data from the pump ...
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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