continuous glucose monitoring
The company's SimpleSense wearable will ingest glucose data from the Dexcom G7 continuous glucose monitor system.
The feature allows users to obtain real-time CGM data on their Watch without an iPhone present.
The continuous glucose monitoring biosensor platform will use the funds to scale its manufacturing, move toward regulatory approval and perform more clinical trials.
The patch provides continuous glucose monitoring, sends readings directly to a wearer's smartphone and supplies personal insights into one's glucose health.
Metronom sees its "disruptive" technology pushing the advancement of digital diabetes management, providing patients with diabetes-related education, data analysis and other services.
The pharma giant is collaborating with sports tech firm Supersapiens.
The arrangement comes alongside new eight-figure investments into the CGM maker, whose business looked to be in dire straits earlier this year.
Ascensia will launch a version of POCTech's device this year, then collaborate on co-developing the next generation.
Senseonics, a Germantown, Maryland-based company working on a longterm implantable continuous glucose monitor, has filed to go public with an IPO that, for now at least, is valued at $51.
Dexcom was one of the first companies to announce that it would have an Apple Watch app, and a recent FDA guideline made it clear that, as a secondary display device for a cleared CGM, the Apple Watch app wouldn't require its own clearance.