Dexcom acquires TypeZero Technologies and looks to enter the artificial pancreas and insulin delivery space.
While nobody has a crystal ball, Dexcom's recent acquisition of TypeZero technologies is likely to mean even more options for people living with diabetes. The past year has seen a good deal of innovation in diabetes technology with Medtronic's release of their 670G hybrid closed loop system, Dexcom's finger stick free G6 CGM system, Medtronic's launch of their stand alone Guardian Connect CGM system, and Tandem's soon-to-be-released Basal IQ technology.
According to an article posted on the Diabtes.co.uk site this past Tuesday, Dexcom's acquisition of TypeZero might mean they are positioning the company to enter into the "artificial pancreas" and insulin delivery space. A compelling aspect of this deal is that TypeZero has already been working with a variety of companies including Tandem Diabetes, and Cellnovo - TyperZero's inControl system - seeks to create compatibility with multiple pump/CGM combinations, not just those that are proprietary in nature. Overall this is excellent news for people with diabetes, providers, and care team members.
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