Life Sciences, Medical Device, diabetes
Health Insuror Gives Coverage for DexCom Medical Device
Bruce V. Bigelow 12/5/08
The price of shares in DexCom, (NASDAQ: DXCM) a San Diego medical device maker, settled to about $2.75 in early trading today after soaring above $3 a share yesterday. The company, which makes a seven-day sensor that continuously transmits blood sugar levels for diabetics, said in a filing that health insurance provider Humana has agreed to provide reimbursement coverage. On Monday, the company said it also got regulatory approval for its device from the European Union.
Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call 858-202-0492
