Abbott's Lingo CGM System Gains U.S. Availability: Stock to Gain? [Yahoo! Finance]
Abbott Laboratories (ABT)
Last abbott laboratories earnings: 4/16 07:30 am
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Source: Yahoo! Finance
The system comes with a biosensor and a mobile app designed for consumers' overall health improvement and wellness. The latest U.S. availability of Lingo helps Abbott expand its market presence in the CGM segment. Following the news, shares of ABT fell 1.1% to $113.10 yesterday. However, as the company is gaining a high level of synergies from its continued development within the CGM space, we expect market sentiment to recover in the near future. About Abbott's Lingo System Designed to track glucose in real time, Lingo is based on Abbott's FreeStyle Libre CGM technology. It can be used by consumers aged 18 years and older who are not on insulin. The system is worn on the back of the arm for up to 14 days. It continuously streams glucose data to the Lingo app, translating the body's reaction to food, exercise and life's daily stressors. The system provides a graph of glucose reaction updates based on continuous readings captured from its biosensor. The body's glucose spikes
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ABT
Earnings
- 7/18/24 - Beat
ABT
Sec Filings
- 9/13/24 - Form 4
- 9/12/24 - Form 144
- 9/4/24 - Form 4
- ABT's page on the SEC website