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DexCom, Inc. - DXCM STOCK NEWS

Welcome to our dedicated page for DexCom news (Ticker: DXCM), a resource for investors and traders seeking the latest updates and insights on DexCom stock.

DexCom, Inc. (DXCM) is a leading medical device company founded in 1999, specializing in continuous glucose monitoring (CGM) systems. These systems provide a significant advancement over traditional blood glucose meters, offering real-time glucose readings for diabetic patients. DexCom's innovative CGM technology empowers patients and clinicians to better manage diabetes, contributing to improved health outcomes.

DexCom's flagship products include the Dexcom G6 and the newly developed Dexcom G7 CGM systems. These devices offer features such as customizable alerts, seamless app integration, and data sharing capabilities. The company is also working on integrating their CGM systems with insulin pumps from Insulet and Tandem Diabetes Care, Inc., enabling automatic insulin delivery for more efficient diabetes management.

Recent achievements include the expansion into international markets and the continuous enhancement of their product lineup through research and development. Financially, DexCom has shown robust growth with increasing revenues and solid market performance, reflecting the growing demand for advanced diabetes management solutions.

The company has established strategic partnerships with key players in the medical device industry, further enhancing their market presence and technological capabilities. DexCom is committed to innovation, patient empowerment, and improving the quality of life for people with diabetes worldwide.

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DexCom, the leader in continuous glucose monitoring (CGM), introduced its new product portfolio at the ATTD conference, showcasing the Dexcom ONE, Dexcom G6, and the FDA-reviewed Dexcom G7. These systems aim to enhance diabetes management with features like real-time monitoring and customizable alerts. The Dexcom ONE is now accessible in Spain and will launch in the UK this May. The offerings emphasize innovation and connectivity, designed to cater to diverse diabetes needs.

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DexCom, Inc. (NASDAQ:DXCM) announced that its new Dexcom ONE Continuous Glucose Monitoring System will launch in the UK this May. Currently under review for addition to the NHS Drug Tariff, this system aims to enhance accessibility for diabetes management. The NICE has recommended offering glucose sensors to Type 1 diabetes patients based on individual needs, promoting better health outcomes. Dexcom ONE features a user-friendly app for real-time glucose monitoring, reducing the need for fingerpricks and improving treatment decisions.

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DexCom, Inc. (NASDAQ:DXCM) announced plans to release its first quarter 2022 financial results after the market closes on Thursday, April 28, 2022. A conference call will be held at 4:30 p.m. (ET) to discuss the results, with a live webcast available on the investor relations website.

DexCom, based in San Diego, California, is a leader in continuous glucose monitoring systems, aiming to improve diabetes management globally.

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Dexcom, Inc. (NASDAQ:DXCM) announced a four-for-one forward stock split, pending stockholder approval for an increase in authorized shares from 200 million to 800 million. If approved, each share outstanding on May 19, 2022, will split into four shares. The split-adjusted trading is set to commence on June 10, 2022. This action aims to enhance stock liquidity and accessibility for investors. Further details will be provided in the Preliminary Proxy Statement filed with the U.S. Securities and Exchange Commission on March 25, 2022.

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DexCom (NASDAQ:DXCM) has received CE Mark approval for its Dexcom G7 Continuous Glucose Monitoring (CGM) system, enhancing diabetes management for users aged two and older in Europe. The Dexcom G7 features the market's fastest sensor warmup at 30 minutes, a compact design, and a redesigned mobile app that integrates Dexcom Clarity. This system eliminates the need for fingersticks, providing real-time glucose data directly to smart devices. DexCom plans to launch the G7 in Europe shortly, further solidifying its leadership in real-time CGM technology.

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Dexcom announced CE Mark approval for its G7 Continuous Glucose Monitoring (CGM) System, enhancing diabetes management for users in Europe aged two years and older, including pregnant women. The G7 is designed to be more powerful and user-friendly, with a 30-minute sensor warmup time, no fingersticks required, and real-time glucose readings sent to compatible devices. The system reduces blood sugar fluctuations and increases time in range, supporting better health outcomes.

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Dexcom, Inc. (NASDAQ: DXCM) received approval from the Ontario government for coverage of its Dexcom G6 CGM System through the Assistive Devices Program, effective March 14, 2022. This initiative benefits individuals with type 1 diabetes over the age of 2 who meet specific criteria, expanding access to this innovative glucose monitoring technology. Ontario joins six other provinces in offering public coverage for continuous glucose monitoring, enhancing diabetes management and potentially reducing long-term health complications.

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Dexcom (NASDAQ:DXCM) has received Breakthrough Device Designation from the FDA for its continuous glucose monitoring (CGM) system, aimed at improving glycemic management in hospital settings. This designation accelerates the regulatory review process, enabling faster market access for the technology. In prior studies involving over 800 patients during the pandemic, Dexcom CGM demonstrated enhanced glucose control without increased hypoglycemia risk. Experts anticipate that this designation will significantly advance in-patient care capabilities.

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DexCom, Inc. (NASDAQ:DXCM) announced upcoming presentations at virtual investor conferences. Brice Bobzien, Vice President of Finance, will present at the SVB Leerink 11th Annual Global Healthcare Conference on February 16, 2022, at 5:00 PM (EST). Jereme Sylvain, Executive Vice President and CFO, will present at the Citi 2022 Healthcare Services Conference on February 23, 2022, at 10:15 AM (EST). Webcast links will be available on the Dexcom Investor Relations website, where they will also be archived for future access.

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FAQ

What is the current stock price of DexCom (DXCM)?

The current stock price of DexCom (DXCM) is $80.04 as of December 20, 2024.

What is the market cap of DexCom (DXCM)?

The market cap of DexCom (DXCM) is approximately 30.6B.

What does DexCom, Inc. specialize in?

DexCom, Inc. specializes in continuous glucose monitoring (CGM) systems for diabetic patients.

When was DexCom, Inc. founded?

DexCom, Inc. was founded in 1999.

What are some of DexCom's key products?

Key products include the Dexcom G6 and Dexcom G7 CGM systems.

How do DexCom's CGM systems benefit diabetic patients?

DexCom's CGM systems provide real-time glucose readings, helping patients and clinicians better manage diabetes.

What recent achievements has DexCom made?

Recent achievements include international market expansion and continuous product enhancements.

How is DexCom integrating its CGM systems with other technologies?

DexCom is integrating its CGM systems with insulin pumps from Insulet and Tandem for automatic insulin delivery.

What is the significance of DexCom's strategic partnerships?

Strategic partnerships enhance DexCom's market presence and technological capabilities.

What is DexCom's approach to innovation?

DexCom is committed to innovation, focusing on research and development to advance diabetes management.

How does DexCom support the community?

DexCom empowers patients, caregivers, and clinicians by delivering effective diabetes management solutions.

What financial trends are seen in DexCom's performance?

DexCom has shown robust growth with increasing revenues and strong market performance.

DexCom, Inc.

Nasdaq:DXCM

DXCM Rankings

DXCM Stock Data

30.65B
389.05M
0.32%
97.12%
2.33%
Medical Devices
Surgical & Medical Instruments & Apparatus
Link
United States of America
SAN DIEGO