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Corporation
HEALTHCARE | Medical Devices & Equipment
senseonics.com

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Founded Year

1997

Stage

Loan | IPO

Total Raised

$143.4M

Market Cap

0.88B

Stock Price

3.87

Revenue

$0000 

About Senseonics

Senseonics, formerly Sensors for Medicine and Science, develops and commercializes transformative glucose monitoring products that enable people with diabetes to live with ease. SMSI is developing a fully implantable, continuous glucose monitoring system designed to be highly accurate and biocompatible throughout its long sensor life. SMSI utilizes fluorescence sensing technology which is intended to provide people with diabetes with an accurate and easy-to-use system for better diabetes management.

Senseonics Headquarter Location

20451 Seneca Meadows Parkway

Germantown, Maryland, 20876,

United States

+1 301 515 7260

Latest Senseonics News

Senseonics Announces a Collaboration with the University Hospitals Accountable Care Organization (UHACO) in Cleveland, Ohio

Sep 13, 2021

--The University Hospitals Accountable Care Organization places patients on the Eversense CGM System September 13, 2021 04:05 PM Eastern Daylight Time GERMANTOWN, Md.--( BUSINESS WIRE )--Senseonics Holdings, Inc. (NYSE American: SENS), a medical technology company focused on the development and commercialization of the first and only long-term, implantable continuous glucose monitoring (CGM) system for people with diabetes, and Ascensia Diabetes Care, the makers of the CONTOUR® family of diabetes blood glucose monitoring devices and commercialization partner for Senseonics, have announced that the University Hospitals Accountable Care Organization (UHACO) in Cleveland, Ohio has begun offering the Eversense® CGM System to its Medicare enrollees effective early September, 2021. The recent decision to use the Eversense CGM System in eligible patients with type 1 diabetes or type 2 diabetes on insulin shows the commitment of UHACO to facilitate optimal diabetes management for its enrollees. “We are excited to offer Eversense to our ACO patients with diabetes. Supplying tools for effective glucose management allows us to meet the Standards of Care for patients using insulin as outlined by the American Diabetes Association,” said Betul Hatipoglu, M.D., Head of Endocrinology and Diabetes at UHACO. “Eversense offers patients choice amongst continuous glucose monitoring devices. The Eversense CGM system delivers industry leading accuracy, an improved patient experience, and an array of unique features that afford people, especially those in the Medicare population, the opportunity to achieve improved health outcomes.” Established in 2010, the mission of the University Hospitals Accountable Care Organization (UHACO) is to improve the health and wellness of employees and their dependents who are enrolled in a UH employee medical plan. UHACO has expansive care coordination and disease management programs to promote wellness and prevention, and improve population health. The Eversense CGM System consists of a fluorescence-based sensor, a smart transmitter worn over the sensor to facilitate data communication, and a mobile app for displaying glucose values, trends and alerts. In addition to featuring the first long-term and first implantable CGM sensor, the system is also first to feature a smart transmitter that provides wearers with discreet on-body vibratory alerts for high and low glucose and can be removed, recharged and re-attached to the skin without discarding the sensor The sensor is inserted subcutaneously in the upper arm by a health care provider via a brief in-office procedure. Patients who are interested in getting started on Eversense can sign up at www.eversensediabetes.com/get-started-today . Physicians, nurse practitioners or physician assistants interested in offering the Eversense CGM System for their patients can contact 844-SENSE4U (844-736-7348). About Eversense The Eversense® Continuous Glucose Monitoring (CGM) System is indicated for continually measuring glucose levels in persons age 18 and older with diabetes for up to 90 days. The system is indicated for use to replace fingerstick blood glucose (BG) measurements for diabetes treatment decisions. Fingerstick BG measurements are still required for calibration twice per day, and when symptoms do not match CGM information or when taking medications of the tetracycline class. The sensor insertion and removal procedures are performed by a health care provider. The Eversense CGM System is a prescription device; patients should talk to their health care provider to learn more. For important safety information, see https://eversensediabetes.com/safety-info/ . About Senseonics Senseonics Holdings, Inc. is a medical technology company focused on the design, development and commercialization of transformational glucose monitoring products designed to help people with diabetes confidently live their lives with ease. Senseonics' CGM systems, Eversense® and Eversense® XL, include a small sensor inserted completely under the skin that communicates with a smart transmitter worn over the sensor. The glucose data are automatically sent every 5 minutes to a mobile app on the user's smartphone. Forward Looking Statements Any statements in this press release about future expectations, plans and prospects for Senseonics, including statements about the growth in use by patients or organizations, and the potential benefits Eversense offers people with diabetes, and other statements containing the words “believe,” “expect,” “intend,” “may,” “projects,” “will,” “planned,” and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: uncertainties in the development and regulatory approval processes, uncertainties inherent in the commercial launch and commercial expansion of the product, uncertainties inherent in the transition of commercialization responsibilities to Ascensia, uncertainties in insurer, regulatory and administrative processes and decisions, uncertainties in the duration and severity of the Covid-19 pandemic, and such other factors as are set forth in the risk factors detailed in Senseonics’ Annual Report on Form 10-K for the year ended December 31, 2020, Senseonics’ Quarterly Report on Form 10-Q for the quarter ended June 30, 2021, and Senseonics’ other filings with the SEC under the heading “Risk Factors.” In addition, the forward-looking statements included in this press release represent Senseonics’ views as of the date hereof. Senseonics anticipates that subsequent events and developments will cause Senseonics’ views to change. However, while Senseonics may elect to update these forward-looking statements at some point in the future, Senseonics specifically disclaims any obligation to do so except as required by law. These forward-looking statements should not be relied upon as representing Senseonics’ views as of any date subsequent to the date hereof. Contacts

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Expert Collections containing Senseonics

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Senseonics is included in 6 Expert Collections, including Smart Money VCs (2017-2019).

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

R

Rewiring Industries: IoT

99 items

Based on CB Insights Research Brief: https://www.cbinsights.com/blog/iot-market-map-and-company-list/

W

Wearable Computing

377 items

Wearable computing is broadly defined as companies developing devices worn or placed on the body that are equipped with technology, which can range from wearable medical devices to AR/VR headsets to GPS pet collars.

I

Internet of Things ( IoT )

3,149 items

M

Medical Devices

7,825 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

D

Diabetes

1,749 items

Senseonics Patents

Senseonics has filed 128 patents.

The 3 most popular patent topics include:

  • Analytical chemistry
  • Sensors
  • Chromatography
patents chart

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10/29/2018

9/14/2021

Analytical chemistry, Computer connectors, Abdomen, Insulin therapies, Computer buses

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Analytical chemistry, Computer connectors, Abdomen, Insulin therapies, Computer buses

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Senseonics Web Traffic

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