Catalyst

Slingshot members are tracking this event:

Abbott's FreeStyle Libre continuous glucose monitor enables type 1 diabetics to cut hypoglycemic time 38%

Do you think this event is important to the companies below? How will it affect their stock price?

Related Companies
Importance
High Medium Low
Impact on Stocks
ABT Community voting in process

Additional Information

Additional Relevant Details People in the trial who used Abbott's FreeStyle Libre sensor and reader system spent 38 percent less time in hypoglycemia, as compared to people who managed their glucose with traditional self-monitoring of blood glucose (SMBG) systems (pricking a finger to draw a drop of blood that is added to a test strip inserted into a glucose meter). Data were presented at the American Diabetes Association's 76th Scientific Sessions.  Data from the study also showed that the FreeStyle Libre system reduces all measures of hypoglycemia without increasing HbA1c (an average measurement of glucose levels in the blood over the past 90 days, typically understood to be the 'gold standard' of measuring overall glucose control) versus SMBG, showing that the FreeStyle Libre system can safely and successfully replace the need for routine finger sticks2 as a tool for managing diabetes. Traditional self-monitoring of blood glucose among people with both type 1 and type 2 diabetes falls short of U.S., E.U. and other key guidelines that recommend at least 4-8 self-tests per day3, with the consensus that the more testing per day, the better people have an understanding of their glucose levels and can manage their diabetes accordingly. In actuality, data shows that people test less than three times per day4—the biggest obstacle being the pain and hassle of routine finger sticks5. But when people with diabetes don't monitor their glucose levels regularly, additional complications including hypoglycemia can become life-threatening.
http://abbott.mediar...
Slingshot Insights Explained
Catalyst Date
Occurred on:
Jun 13, 2016
Related Projects Image
  • Don’t see a project related to the catalyst you care about?

Related Keywords Freestyle Libre, Blood Glucose, Hba1c