Dexcom G4 system receives CE Mark approval

Jun 15 2012

Dexcom, Inc. (NASDAQ: DXCM) today announced that it has received CE Mark (Conformité Européene) approval for its fourth generation continuous glucose monitoring system, the Dexcom G4^® system, enabling commercialization of the Dexcom G4 system in the European Union and the countries in Asia and Latin America that recognize the CE Mark.    

The Dexcom G4 system is designed to help people with diabetes better manage their diabetes and control their glucose levels. Widely recognized as one of the leading causes of death and disability globally, diabetes is a chronic disease with no known cure that afflicts an estimated 366 million people worldwide, according to the International Diabetes Federation. Diabetes is a leading cause of adult blindness, end stage kidney failure and lower limb amputations. People suffering from diabetes are also more significantly at risk for cardiovascular disease and stroke.

"We are pleased to have CE Mark approval for the Dexcom G4 system. Although we believe the Seven Plus is already the best sensor on the market, we are especially proud of the Dexcom G4 system's improved performance and reliability, which is reflected in the G4 system data we recently presented at the American Diabetes Association's 72^nd Scientific Sessions. We look forward to working with physicians, nurses and diabetes educators to bring this important new technology to patients around the world," said Terrance H. Gregg, Dexcom's Chief Executive Officer. "We have been working diligently to establish a launch plan with our network of distributors outside the United States and plan to execute a phased launch of the G4 system in Europe during the coming months," added Mr. Gregg.

Source: Dexcom, Inc.