A Medical Device Daily
DexCom (San Diego) reported it has entered into a joint development agreement with Animas (West Chester, Pennsylvania) to integrate DexCom’s continuous glucose monitoring (CGM) technology into Animas insulin pumps.
The new product will be based on Animas’ advanced pump technology and DexCom’s Seven, a seven-day continuous glucose monitoring system. It will enable the Animas pump to receive glucose readings and display this information on the pump’s color screen.
Users will have access to real-time glucose readings and trending in addition to receiving alerts for low and high glucose readings. Having real-time readings displayed on the pump screen will not only allow users to make more timely adjustments to their insulin delivery – it will eliminate a separate receiver, reducing the amount of equipment required to use CGM and the pump system.
“One of the reasons that we chose to work with Animas is their open-architecture philosophy,” said Terrance Gregg, president/CEO of DexCom. “We expect future innovations will come from both companies – maximizing choices in glucose monitoring and insulin delivery methods.”
Under the terms of the agreement, Animas will contribute up to $750,000 to DexCom to offset certain development, clinical and regulatory expenses. The agreement is non-exclusive and does not impact either party’s existing third party development agreements.
DexCom anticipates the integrated system will be available to patients in 2009 or early 2010. Seven was approved by the FDA last June. (Medical Device Daily, June 4, 2007).
In other agreement news: Ivivi Technologies (Northvale, New Jersey), a developer of non-invasive, electrotherapeutic technologies, said it has signed a new three-year contract with Regency Hospital Co., an owner/operator of long-term, acute-care hospitals across the U.S. The new contract will facilitate Regency’s expanded use of Ivivi’s Roma3 pulsed electromagnetic field device for the treatment of chronic wounds.
Ivivi will provide Regency facilities with several packages priced using a fixed monthly rental rate per facility vs. the previous agreements’ per-unit rental rate.