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Stock impact report

FDA approves first implantable glucose monitor [MarketWatch]

Senseonics Holdings, Inc. (SENS) 
Last senseonics holdings, inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: senseonics.com/investor-relations
Company Research Source: MarketWatch
FDA approves first implantable glucose monitor The Food and Drug Administration on Thursday approved the first implantable glucose monitoring system for diabetics, a product made by Senseonics Holdings Inc. SENS, +2.26% The system requires a small sensor to be surgically implanted in an outpatient procedure; the sensor uses light readings to relay blood-sugar levels to a mobile app for 90 days. "The FDA is committed to advancing novel products that leverage digital technology to improve patient care," FDA Commissioner Scott Gottlieb said in Thursday's announcement . "These technologies allow patients to gain better control over their health." Senseonic shares were halted ahead of the announcement and reopened less than a half-hour before the close, bounced between gains of 1% and 5% in heavy-volume trading into the close, when it was up 1.9%. Show less Read more
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