Senseonics Announces Eversense CGM System Received iCGM Designation By FDA
Portfolio Pulse from Benzinga Newsdesk
Senseonics announced that its Eversense CGM System has received the integrated Continuous Glucose Monitoring (iCGM) designation from the FDA, marking a significant regulatory milestone.
April 30, 2024 | 11:07 am
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POSITIVE IMPACT
Senseonics' Eversense CGM System receiving the iCGM designation from the FDA is a significant regulatory achievement that could enhance the product's marketability and competitive edge.
The iCGM designation from the FDA for Senseonics' Eversense CGM System is a critical regulatory approval that directly impacts the company's product portfolio and its position in the diabetes management market. This approval could lead to increased adoption and sales of the Eversense CGM System, positively affecting Senseonics' stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100