What You Should Know:
- The average price per insulin unit dropped 42%, from $0.33 in 2019 to $0.19, in mid-2024, according to a new report from GoodRx. The drop represent the lowest average recorded in a decade.
- Thanks to the Inflation Reduction Act and voluntary price cuts by major insulin manufacturers, prices have seen significant declines. Products like Lantus, Novolin N, Humalog, and Humulin N are now more affordable than they have been in years.
Insulin Costs
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Impact of Diabetes Management for Patients, Payers, and Providers| News, Policy, Analysis, Insights - HIT Consultant
Dexcom Introduces Generative AI Platform for Glucose Biosensing
What You Should Know:
- Dexcom, the global leader in continuous glucose monitoring (CGM), has achieved another groundbreaking milestone by launching the first generative AI (GenAI) platform in glucose biosensing technology, Stelo.
- The Stelo platform analyzes individual health data patterns to provide personalized insights and recommendations for improving metabolic health.
AI-Powered Personalized Guidance
The Dexcom GenAI platform leverages Google Cloud's Vertex AI and
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Tandem t:slim X2 Pump Now Compatible with Dexcom G7 in Canada
What You Should Know:
- Tandem Diabetes Care, an insulin pump manufacturer, has announced expanded compatibility for its t:slim X2™ insulin pump in Canada.
- In-warranty users can now integrate their pumps with both the Dexcom G7 and Dexcom G6 Continuous Glucose Monitoring (CGM) Systems, providing greater flexibility and choice for diabetes management.
- The expanded compatibility with Dexcom G6 and G7 further enhances the pump's capabilities and provides users with greater
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Abbott Opens State-of-the-Art Diabetes Care Manufacturing Facility in Kilkenny, Ireland
What You Should Know:
- Abbott, a global healthcare leader, has officially opened its new global manufacturing center of excellence for Abbott’s diabetes care business in Kilkenny, Ireland.
- Abbott's FreeStyle Libre portfolio is the world's leading continuous glucose monitoring system, helping more than 6 million people with diabetes across over 60 countries.
Boosting Irish Economy and Manufacturing Capabilities
The Kilkenny facility is part of a €440 million
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Abbott’s FreeStyle Libre CGM Systems Now Cleared for Use During Imaging Procedures
What You Should Know:
- Abbott announced that its FreeStyle Libre 2 and 3 continuous glucose monitoring (CGM) systems have received FDA clearance for use during common imaging procedures, including X-rays, CT scans, and MRIs.
- The development makes Abbott's systems the first and only patient-applied CGM sensors approved for use during these screenings, offering greater convenience and potential cost savings for people with diabetes.
Improving Diabetes
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Glooko Secures $100M, Appoints Mike Alvarez as New CEO
- Glooko, a global digital health company, has announced a successful Series F funding round, raising $100M to fuel its continued growth and product development led by Georgian, with participation from Health Catalyst Capital, Canaan, and other investors.
- In addition to this significant investment, Glooko also announced the appointment of Mike Alvarez as its new Chief Executive Officer.
Funding to Drive Product Innovation and Global Expansion
This substantial investment will support
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Study: Twin Health Treats Hypertension in Patients with Type 2 Diabetes
What You Should Know:
- Twin Health, a company known for its Digital Twin™ AI platform that helps individuals achieve remission of type 2 diabetes, has announced promising results in a new study focused on hypertension.
- Published in the Journal of the American College of Cardiology, the study demonstrates that the platform can effectively help users control blood pressure and reduce their reliance on medication.
Addressing the Link Between Diabetes and Hypertension
High
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Ascensia Launches World’s First One-Year CGM System, Eversense® 365
What You Should Know:
- Ascensia Diabetes Care has announced the U.S. launch of the Eversense® 365 continuous glucose monitoring (CGM) system, an advancement in diabetes management.
- Developed by Senseonics Holdings, Inc., Eversense 365 is the world's first and only CGM system to offer an entire year of continuous glucose monitoring with a single sensor. This innovative technology received FDA clearance last month for individuals with type 1 and type 2 diabetes aged 18 years
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Dexcom and Beyond Type 2 Launch National Glucose Awareness Week with Retta
What You Should Know:
- DexCom, Inc., the global leader in real-time continuous glucose monitoring, and Beyond Type 2, a non-profit organization, are joining forces with actress Retta to launch the first-ever National Glucose Awareness Week.
- Taking place from September 23-29, 2024, this initiative aims to bridge the knowledge gap surrounding glucose health and empower individuals to take control of their well-being.
Addressing the Glucose Knowledge Gap
While glucose
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ECHO Model Proven Effective for Improving Diabetes Care in Rural Areas
- A recent study has shed light on the significant potential of the ECHO Model in improving diabetes care in rural communities.
- The research, published in The Journal of General Internal Medicine, showed that rural healthcare providers participating in weekly ECHO telementoring sessions achieved comparable results to endocrinology specialists in academic medical centers when managing patients with diabetes.
Significant Reduction in A1c Levels
The study, which spanned five years
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