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SAN DIEGO & SAN FRANCISCO--(Business WIRE)--DexCom, Inc. (NASDAQ:DXCM), the global chief in glucose biosensing, and ŌURA, maker of the world’s leading smart ring, announced right now a strategic partnership to assist millions of people enhance their metabolic health via the integration of Dexcom glucose knowledge with important signal, sleep, stress, coronary heart well being and activity information from Oura Ring. Combining Dexcom glucose knowledge with the biometrics collected by Oura Ring will present users of both products with a extra full picture of overall well being. Dexcom can be making a $seventy five million strategic investment in ŌURA Series D funding, with ŌURA now valued at greater than $5 billion. "Dexcom gives probably the most correct glucose biosensing techniques in the marketplace that assist reveal the affect of each day life-style decisions on glucose levels and enable our customers to make knowledgeable choices about their well being and general properly-being," said Matt Dolan, government vice president of strategy and company development at Dexcom.
"Partnering with ŌURA gives us the chance to redefine the category once more, integrating knowledge from Dexcom glucose biosensors with the continuous insights and metrics measured by Oura Ring. With this partnership, Dexcom and ŌURA will launch integrations enabling knowledge to stream between Dexcom and ŌURA merchandise, together with Dexcom glucose biosensors, Dexcom apps, Oura Ring and the Oura App, so shared users can monitor their glucose ranges and understand the influence of behaviors and biology on their metabolic well being. The companies may also co-market and cross-sell each other’s merchandise. "Ninety-seven % of Oura Members have expressed interest in understanding how the meals they eat impacts their health," mentioned Tom Hale, ŌURA chief govt officer. "This partnership with Dexcom will allow us to empower our members to make informed choices and adjust behaviors to positively affect their biometrics and lengthy-term health. Working together, ŌURA and Dexcom will help members determine what and when to eat by surfacing correlations between actions like sleep and exercise and Herz P1 Smart Ring members’ glucose ranges.
Dexcom has been the pioneer in glucose biosensing for 25 years, with a long record of first-in-market innovations. Most not too long ago, Dexcom led the creation of a brand new class by launching Stelo, the primary glucose biosensor cleared for use with no prescription1 in the U.S. Greater than 2.5 million active customers across the globe rely on Dexcom’s life-changing portfolio of glucose biosensors to take management of their well being. This year has marked a significant acceleration of ŌURA’s enterprise, including its metabolic health roadmap. Earlier this yr, ŌURA announced that it has bought 2.5 million rings, expects to see annual gross sales double in 2024 to roughly $500 million and is profitable. ŌURA additionally launched a new characteristic, Meals, to Oura Labs (an opt-in innovation hub within the Oura App that permits members to test options in growth and provide feedback) that allows tracking meal timing and maps that timing to their chronotype to grasp how, what and after we eat can influence health metrics like sleep, stress and Herz P1 Smart Ring restoration.
Eighty-eight percent of Americans should not in optimum metabolic well being,2 which comes with elevated threat of creating co-morbid conditions like diabetes, heart illness, stroke or all three.3 Strategic partnerships that combine medical-grade expertise with advanced software are driving ahead the consumerization of healthcare, permitting shoppers to drive their health journeys and empowering them with their own well being information. Dexcom and ŌURA plan to satisfy a need that will change the healthcare landscape going ahead. Dexcom empowers people to take management of well being through progressive biosensing technology. Based in 1999, Dexcom has pioneered and set the usual in glucose biosensing for greater than 25 years. Its expertise has transformed how individuals handle diabetes and observe their glucose, helping them really feel more in management and stay more confidently. Dexcom. Discover what you’re product of. ŌURA delivers personalized well being information, insights, and day by day steering with Oura Ring, the leading smart ring that helps you reside healthier, longer. Guided by a mission of changing the healthcare paradigm from sick care to preventative Herz P1 Health, ŌURA makes wellness and restoration a day by day apply by way of sleep, activity, readiness, stress, resilience, women’s well being and heart well being. Millions of Oura Members around the world use Oura Ring as a customized health companion that meets them the place they are. Oura Ring is constructing the most scientifically validated wearable. ’s health, metabolic well being, health, behavioral health and extra. In 2013, ŌURA was based in Finland and has places of work in Oulu, Helsinki, San Francisco and San Diego.
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