Eli Lilly to Use Dexcom's Continuous Glucose Monitoring Devices

Date : 12/16/2019 @ 12:27PM
Source : Dow Jones News
Stock : DexCom Inc (DXCM)
Quote : 291.61  -4.39 (-1.48%) @ 8:23PM
DexCom share price Chart

Eli Lilly to Use Dexcom's Continuous Glucose Monitoring Devices

Eli Lilly (NYSE:LLY)
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By Dave Sebastian

 

Eli Lilly & Co. (LLY) said it has struck an agreement with DexCom Inc. (DXCM) to use Dexcom products in Lilly's currently developed personalized diabetes management system.

Under the non-exclusive agreement, Lilly said Monday it would use Dexcom's continuous glucose monitoring devices in both the pen- and pump-based platforms of the system.

The pen-based platform aims to integrate personalized data from a prefiled, disposable insulin pen with data from glucose-sensing technologies into a compatible software application, Lilly said.

Lilly said the pump-based platform is a hybrid-closed-loop system that would automate insulin dosing by integrating an insulin pump, continuous glucose monitor and a handheld controller or smartphone application that controls the system.

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

December 16, 2019 07:12 ET (12:12 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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