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Good News For Senseonics, Medtronic Diabetes Devices

US FDA recently approved the first 90-day CGM system and expanded the labeling for a closed-loop system to treat diabetes.

US FDA has green-lighted two diabetes products in recent days that could have significant impact in the sector, including a long-use continuous glucose meter that the agency says gives patients more control of their lives, and an expanded indication for a closed-loop system for younger patients.

On June 21, FDA approved Senseonics Holdings Inc.'s 90-day inserted Eversense CGM system. The agency says it's the first continuous glucose monitoring system with a fully implantable glucose sensor...

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