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DXCM DexCom Inc

125.61
-0.27 (-0.21%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
DexCom Inc NASDAQ:DXCM NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.27 -0.21% 125.61 124.51 126.60 127.88 124.61 127.03 2,311,411 01:00:00

FDA Advisory Committee Votes in Favor of Non-Adjunctive Label for DexCom G5 Mobile CGM System

22/07/2016 11:05am

PR Newswire (US)


DexCom (NASDAQ:DXCM)
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SAN DIEGO, July 22, 2016 /PRNewswire/ -- DexCom, Inc. (NASDAQ:DXCM), the leader in continuous glucose monitoring (CGM) for patients with diabetes, announced today that the Clinical Chemistry and Clinical Toxicology Devices Panel of the U.S. Food and Drug Administration (FDA) voted in favor of the proposed non-adjunctive indication for the DexCom G5 Mobile CGM system. This indication would designate the G5 Mobile CGM system as a replacement to fingerstick glucose testing for diabetes treatment decisions.

DexCom, Inc.

Specifically, the panel voted:

  • 8-2 supporting that there is reasonable assurance that the DexCom G5 Mobile CGM system is safe for the proposed indications for use,
  • 9-1 supporting that there is reasonable assurance that the DexCom G5 Mobile CGM system is effective for the proposed indications for use, and
  • 8-2 supporting that the benefits of the DexCom G5 Mobile CGM system outweigh the risks for the proposed indications for use.

"This recommendation is a big milestone for people with diabetes," said Kevin Sayer, DexCom President and Chief Executive Officer. "The diabetes community turned out in force to support this decision. We commend the FDA for bringing this important subject into a public forum, and thank the panel members, as well as the public speakers for their willingness to participate. We look forward to continued positive discussions with the FDA as we seek the agency's approval of our application."

Conference Call

DexCom management will hold a conference call to discuss the meeting starting at 8:30 a.m. (Eastern Time) today, Friday, July 22.

To listen to the conference call, please dial (888) 771-4371 (US/Canada) or (847) 585-4405 (International) and use the confirmation number "43019542" approximately five minutes prior to the start time.

The conference call will be concurrently webcast.  The link to the webcast will be available on the DexCom, Inc. website here.

About DexCom, Inc. 
DexCom, Inc., headquartered in San Diego, CA, is dedicated to helping people better manage their diabetes by developing and marketing continuous glucose monitoring (CGM) products and tools for adult and pediatric patients.  With exceptional performance, patient comfort and lifestyle flexibility at the heart of its technology, users have consistently ranked DexCom highest in customer satisfaction and loyalty. For more information on the DexCom CGM, visit www.dexcom.com.

CONSUMER CONTACT:
Caren Begun, 201-396-8551

INVESTOR CONTACT:
Steve Pacelli, 858-200-0200

Logo - http://photos.prnewswire.com/prnh/20150811/257482LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/fda-advisory-committee-votes-in-favor-of-non-adjunctive-label-for-dexcom-g5-mobile-cgm-system-300302609.html

SOURCE DexCom, Inc.

Copyright 2016 PR Newswire

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