Senseonics Holdings, Inc. (NYSE: SENS) and Ascensia Diabetes Care
announce the software integration of SweetSpot™ with the Eversense®
365 Continuous Glucose Monitoring (CGM) System in the U.S. This
software integration provides endocrinology practices that partner
with SweetSpot the ability to continue to improve patient care by
seamlessly and regularly reviewing data from patients using
Eversense 365, the world's first and only One Year CGM.
SweetSpot combines a centralized software
platform for managing diabetes device data with wrap-around
clinical support services. SweetSpot’s virtual team of Certified
Diabetes Care and Education Specialists (CDCES) perform monthly CGM
data reviews and coordinate with providers and patients on
treatment plan assessment and changes. By developing an integration
with Eversense 365, SweetSpot can work alongside practices to act
on this unique system’s CGM data in between patients’ scheduled
appointments, allowing for more personalized support. These regular
data reviews help ensure patients get timely treatment adjustments,
keeping them better connected to their diabetes care team
year-round with a goal of improving glycemic control. Practices can
also unlock new opportunities through SweetSpot’s automated capture
of reimbursable care events, making partnering with SweetSpot both
clinically impactful and operationally efficient.
Eversense 365 is developed by Senseonics and
brought to patients by Ascensia Diabetes Care, a subsidiary of PHC
Holdings Corporation (TSE: 6523). As the only implantable CGM
available, it offers patients a truly differentiated CGM
experience, providing One Year of exceptionally accurate monitoring
with minimal interruptions. It benefits endocrinologists and care
teams by offering their patients confidence in decision-making,
long-term peace of mind and enhanced quality of life with just one
CGM. The unique approach also allows people to overcome common
frustrations and interruptions experienced with traditional,
short-term CGMs, so that patients can focus on managing their
diabetes and not their CGM.
Dr Ralph Oiknine, Physician, Co-Founder
and Chief Medical Officer of SweetSpot, said: “SweetSpot
removes all the barriers to implementing a strong, virtual CGM
monitoring program for endocrinology practices and all providers
involved in diabetes care. Our dedicated team is passionate about
transforming how diabetes is managed – and making sure that no
opportunities are missed to use the rich data from CGMs for
improved care. This integration with Eversense reinforces
SweetSpot's commitment to seamless diabetes management, driving
better patient outcomes and practice growth for our partners by
integrating more CGM options, such as the only implantable CGM on
the market.”
Mukul Jain, Chief Operating Officer of
Senseonics, added: “We are pleased to enable integration
with SweetSpot to help healthcare providers using the software
platform to optimize care for patients using Eversense 365. Our CGM
offers a completely fresh approach to diabetes management by
collecting a whole year of glucose data with just one CGM. We
continue to focus on bringing Eversense 365 to more people across
the country and are excited to see how integrations like this can
further enhance our compelling offering for patients and healthcare
providers.”
Dr. Jacob Vadakekalam of the Diabetes
& Glandular Disease (DGD) Clinic in San Antonio, Texas,
added: “As a doctor committed to providing the best care
possible, I am pleased about the partnership between SweetSpot and
Eversense. This collaboration represents a step forward in
healthcare integration, and I believe it will have a positive
impact on diabetes management for my patients here at the Diabetes
& Glandular Disease Clinic and in turn minimizing future
hospitalizations.”
Notes for Editors
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 13 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/.
A media kit for Eversense 365, including images,
logos and further information, can be accessed at
www.ascensia.com/media/eversense365-media-kit/
About SweetSpot
SweetSpot partners with endocrinology practices
to provide virtual CGM monitoring and enhanced patient care.
SweetSpot combines a centralized software platform for managing
diabetes device data, such as data from CGMs and insulin pumps,
with wrap-around clinical support services. SweetSpot’s virtual
team of Certified Diabetes Care and Education Specialists (CDCES)
perform monthly CGM data reviews and coordinate with providers and
patients to facilitate treatment plan changes. By actively managing
and remotely reviewing CGM data between patient visits, we ensure
patients receive timely treatment adjustments to improve glycemic
control and patient outcomes. Additionally, SweetSpot’s automated
capture of reimbursable care events optimizes CPT code utilization,
unlocking new revenue streams for practices and making our
partnerships both clinically effective and financially
profitable.For more information, visit www.sweetspot.health.
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 Ascensia Diabetes
Care
Ascensia Diabetes Care is a global company
focused entirely on helping people with diabetes. Our mission is to
empower those living with diabetes through innovative solutions
that simplify and improve their lives.
We are home to the world-renowned CONTOUR®
portfolio of blood glucose monitoring systems and the exclusive
global distribution partner for the Eversense® Continuous Glucose
Monitoring Systems from Senseonics. These products combine advanced
technology with user-friendly functionality to help people with
diabetes manage their condition and make a positive difference to
their lives. As a trusted partner in the diabetes community, we
collaborate closely with healthcare professionals and other
partners to ensure our products meet the highest standards of
accuracy, precision and reliability, and that we conduct our
business compliantly and with integrity.
Ascensia is a member of PHC Group and was
established in 2016 through the acquisition of Bayer Diabetes Care
by PHC Holdings Corporation. Ascensia products are sold in more
than 100 countries. Ascensia has around 1,400 employees and
operations in 29 countries. For further information, please visit
the Ascensia Diabetes Care website at: www.ascensia.com
About PHC Holdings
Corporation
PHC Holdings Corporation (TSE 6523) is a global
healthcare company with a mission of contributing to the health of
society through healthcare solutions that have a positive impact
and improve the lives of people. Its subsidiaries (referred to
collectively as PHC Group) include PHC Corporation, Ascensia
Diabetes Care Holdings AG, Epredia Holdings Ltd., LSI Medience
Corporation, Mediford Corporation, and Wemex. Together, these
companies develop, manufacture, sell and service solutions across
diabetes management, healthcare solutions, life sciences and
diagnostics. PHC Group’s consolidated net sales in FY2023 were JPY
353.9 billion with global distribution of products and services in
more than 125 countries.
www.phchd.com
Forward Looking Statements
Any statements in this press release about the expectations
regarding potential impact on patients’ and providers’ experience
and outcomes, 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 inherent in the new product
launch and ongoing commercialization of Eversense 365,
uncertainties inherent in the coordination with third parties and
new partners, uncertainties in prescriber and patient decisions and
responses to new technology or initiatives, 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, 2023 and subsequent quarterly reports
on Form 10-Q filed 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.
Ascensia Communications
Contact:
Tim StamperFTI ConsultingTim.Stamper@fticonsulting.com
Senseonics Investor Contact
Jeremy FefferLifeSci Advisorsinvestors@senseonics.com
SweetSpot Communications
Contact:
Joelle FredmanDirector of
Marketingjfredman@aegisdigitalhealth.com
Senseonics (AMEX:SENS)
Historical Stock Chart
From Feb 2025 to Mar 2025
Senseonics (AMEX:SENS)
Historical Stock Chart
From Mar 2024 to Mar 2025