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Stock impact report

Olympic athletes turn to diabetes tech in pursuit of medals [CNN]

DexCom, Inc. (DXCM) 
Last dexcom, inc. earnings: 4/28 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: dexcom.com/investors
Company Research Source: CNN
Continuous glucose monitors, or CGMs, were developed for use by diabetes patients but their makers, led by Abbott ( ABT.N ) and Dexcom ( DXCM.O ), also spy opportunities in sports and wellness. The Paris Olympics, which start on July 26, are an opportunity to showcase the technology – even though there is as yet no proof it can boost athletic performance. “I do see a day where CGM is certainly going to be used outside of diabetes in a big way,” said Dexcom's Chief Operating Officer Jacob Leach. Diabetes patients remain the CGM specialist's commercial focus, he told Reuters, but Dexcom is also working with researchers on future use to optimize athletic performance. He would not disclose details. The CGM market is already worth billions of dollars thanks to demand from diabetes patients, who use the coin-sized adhesive skin patches with a Bluetooth link to a smartphone instead of drawing blood through a finger stick. The readings help determine whether they need an insulin dose Show less Read more
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