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Senseonics to Host Virtual KOL Event on Eversense 365: FDA Clearance and Commercialization Plans for the World's First One-Year CGM System

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Senseonics Holdings (NYSE American: SENS) announced a virtual KOL event on October 25, 2024, at 11:00am ET to discuss the Eversense® 365 Continuous Glucose Monitoring (CGM) system. This next-generation system, recently cleared by the FDA for people with Type 1 and Type 2 diabetes aged 18 and older, is the world's first one-year CGM system.

The event will feature Dr. David T. Ahn from Hoag Medical Group and Dr. Jeff Ciaramita from Mercy health system, along with company management. They will highlight Eversense 365 in clinical practice and provide an overview of Senseonics' commercial collaboration with Mercy. A live Q&A session will follow the presentations.

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Positive

  • FDA clearance for Eversense 365 CGM system for Type 1 and Type 2 diabetes patients
  • World's first one-year CGM system, representing a significant breakthrough in diabetes technology
  • Commercial collaboration with Mercy health system

Negative

  • None.

News Market Reaction 1 Alert

-1.46% News Effect

On the day this news was published, SENS declined 1.46%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Event featuring David T. Ahn, MD from Hoag Medical Group and Jeff Ciaramita, MD from Mercy health system, along with management

GERMANTOWN, Md., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Senseonics Holdings, Inc. (NYSE American: SENS), a medical technology company focused on the development and manufacturing of long-term, implantable continuous glucose monitoring (CGM) systems for people with diabetes, today announced it will host a virtual KOL event on Friday, October 25, 2024 at 11:00am ET. To register, click here.

The event will feature David T. Ahn, MD, and endocrinologist and Chief of Diabetes Services at Hoag Medical Group, and Jeff Ciaramita, MD, President, Speciality Service Lines at Mercy, who will join company management to discuss the next-generation Eversense® 365 Continuous Glucose Monitoring (CGM) system, which was recently cleared by the U.S. Food and Drug Administration (FDA) for people with Type 1 and Type 2 diabetes aged 18 years and older.

The event will highlight Eversense 365 in clinical practice and include an overview of Senseonics' commercial collaboration with the St. Louis-based healthcare system Mercy. Eversense 365, the world’s first one-year CGM system, represents a significant breakthrough in diabetes technology and management that is highly differentiated from short-term CGMs.

A live question and answer session will follow the formal presentations.

Registration details can be found here. For those who are unable to attend live, a replay will be available by clicking here.

About Eversense

The Eversense® Continuous Glucose Monitoring (CGM) Systems are indicated for continually measuring glucose levels for up to 365 days for Eversense® 365 and 180 days for Eversense® E3 in persons with diabetes age 18 and older. The systems are indicated for use to replace fingerstick blood glucose (BG) measurements for diabetes treatment decisions. Fingerstick BG measurements are still required for calibration primarily one time per week after day 14 for Eversense® 365 and one time per day after day 21 for Eversense® E3, 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 Systems are prescription devices; patients should talk to their health care provider to learn more. For important safety information, see www.eversensediabetes.com/safety-info/.

About Senseonics

Senseonics Holdings, Inc. ("Senseonics") is a medical technology company focused on the development and manufacturing of glucose monitoring products designed to transform lives in the global diabetes community with differentiated, long-term implantable glucose management technology. Senseonics' CGM system Eversense® 365 includes 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.

About Mercy

Mercy, one of the 20 largest U.S. health systems and named the top large system in the U.S. for excellent patient experience by NRC Health, serves millions annually with nationally recognized care and one of the nation’s largest and highest performing Accountable Care Organizations in quality and cost. Mercy is a highly integrated, multi-state health care system including more than 50 acute care and specialty (heart, children’s, orthopedic and rehab) hospitals, convenient and urgent care locations, imaging centers and pharmacies. Mercy has over 900 physician practice locations and outpatient facilities, more than 4,500 physicians and advanced practitioners and 50,000 co-workers serving patients and families across Arkansas, Kansas, Missouri and Oklahoma. Mercy also has clinics, outpatient services and outreach ministries in Arkansas, Louisiana, Mississippi and Texas. In fiscal year 2023 alone, Mercy provided more than half a billion dollars of free care and other community benefits, including traditional charity care and unreimbursed Medicaid.

Senseonics Investor Contact

Jeremy Feffer
LifeSci Advisors
investors@senseonics.com

Mercy Communications Contact

Bethany Pope 314-251-4472
Mercy Media Relations
Bethany.Pope@Mercy.Net


FAQ

What is the Eversense 365 CGM system and when was it FDA cleared?

Eversense 365 is the world's first one-year Continuous Glucose Monitoring system for people with Type 1 and Type 2 diabetes aged 18 and older. It was recently cleared by the FDA, as announced in the press release.

When is Senseonics (SENS) hosting the virtual KOL event for Eversense 365?

Senseonics is hosting the virtual KOL event on Friday, October 25, 2024, at 11:00am ET.

Who are the key opinion leaders participating in Senseonics' (SENS) Eversense 365 event?

The key opinion leaders participating are Dr. David T. Ahn, endocrinologist and Chief of Diabetes Services at Hoag Medical Group, and Dr. Jeff Ciaramita, President of Specialty Service Lines at Mercy.

What will be discussed during Senseonics' (SENS) virtual KOL event on Eversense 365?

The event will discuss the Eversense 365 CGM system in clinical practice and provide an overview of Senseonics' commercial collaboration with Mercy health system. It will also include a live Q&A session.
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