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Financials : Banks | Large Cap Value
Company profile

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

Closing Price
$29.03
Day's Change
0.05 (0.17%)
Bid
--
Ask
--
B/A Size
--
Day's High
29.04
Day's Low
28.48
Volume
(Average)
Volume:
57,249,944

10-day average volume:
54,273,337
57,249,944

Dexcom Announces First-Ever Registry Dedicated to Tracking Outcomes of In-Hospital Real-Time CGM Use in Response to the COVID-19 Pandemic

8:30 am ET September 16, 2020 (BusinessWire) Print

DexCom, Inc. (NASDAQ:DXCM), the leader in real-time continuous glucose monitoring (rtCGM) for people with diabetes, announced today the first ever registry dedicated to tracking the outcomes of patients and healthcare professionals using CGM in hospitals in response to the COVID-19 pandemic.

The current standard-of-care for glucose monitoring in the hospital is a fingerstick blood glucose test, which requires healthcare providers to draw blood from a patient to obtain a glucose reading. Due to the need to preserve personal protective equipment, reduce potential hospital staff exposure to COVID-19 and lessen the overall burden on nursing care, the Dexcom G6 CGM system has been made available to remotely monitor the glucose levels of all hospitalized patients during the COVID-19 pandemic. The decision was made in April based on feedback received from the U.S. Food and Drug Administration (FDA).

"In our previous use of the Dexcom G6 system in our hospitals as part of exploratory studies over the last three years, we have found that the device improves glucose control without any increased risk in hypoglycemia," said Athena Philis-Tsimikas, M.D., endocrinologist and corporate vice president for the Scripps Whittier Diabetes Institute in San Diego. "More recently, we have begun using the system on some ICU and COVID-19 hospital floors where minimizing contact is important for both our patients and staff members. A registry to examine experiences across many hospitals would be hugely beneficial."

About the CGM registry

The registry will be accessible to healthcare providers using rtCGM in an inpatient or critical care setting. Providers will be able to upload information regarding the in-hospital care of each CGM patient, such as admissions, discharges, medications, status changes, diabetes history, comorbidities and more. The data collected will be deidentified and will not include any protected health information.

The data collected through the registry will eventually be cross-referenced with patient CGM data and evaluated by Dexcom for future product innovation or to include in future regulatory submissions to make rtCGM the ongoing standard of care in hospitals.

About Dexcom G6

The Dexcom G6 uses a small, wearable sensor and transmitter to continuously measure and send glucose levels wirelessly to a receiver or compatible smart device.* The system provides real-time glucose data, reduces the need for fingersticks+ and offers remote monitoring.+ In-hospital use of Dexcom CGM during the pandemic has the potential to help healthcare providers preserve personal protective equipment and reduce the frequency of potential hospital staff exposure to COVID-19.

Healthcare facilities interested in using Dexcom CGM to remotely monitor hospitalized patients during the COVID-19 pandemic can find additional information here.

About DexCom, Inc.

Dexcom, Inc. empowers people to take control of diabetes through innovative continuous glucose monitoring (CGM) systems. Headquartered in San Diego, California, Dexcom has emerged as a leader of diabetes care technology. By listening to the needs of users, caregivers, and providers, Dexcom simplifies and improves diabetes management around the world. For more information about Dexcom CGM, visit www.dexcom.com.

*For a list of compatible devices, visit www.dexcom.com/compatibility.

+If your glucose alerts and readings from the G6 do not match symptoms or expectations, use a blood glucose meter to make diabetes treatment decisions.

+Separate Follow app required.

(C) 2020 Dexcom, Inc. Dexcom, Dexcom G6 and Dexcom Follow are registered trademarks of Dexcom, Inc. in the U.S., and may be registered in other countries. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200916005238/en/

SOURCE: DexCom, Inc.

Media Contact: 
James McIntosh, (619) 884-2118
Dexcom Public Relations
james.mcintosh@dexcom.com 

Investor Contact: 
Steven R. Pacelli, (858) 200-0200
Dexcom Strategy and Corporate Development
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