BURNABY, British Columbia / Aug 14, 2024 / Business Wire / Dexcom, Inc. (NASDAQ: DXCM), a global leader in real-time continuous glucose monitoring (rtCGM) for people with diabetes, announced today that its latest innovation, the Dexcom G7 Continuous Glucose Monitoring (CGM) System, will be added to the Régie de l'assurance maladie du Québec (RAMQ) Public Prescription Drug Insurance Plan. Québec residents living with type 1 diabetes who meet the eligibility criteria will now be able to receive coverage for Dexcom G7.*
“Today’s announcement from RAMQ showcases its commitment to improving the lives of those living with type 1 diabetes across the province. We are thrilled that more Québec residents will be able to experience the Dexcom difference,” said André Côté, Vice President and General Manager of Dexcom Canada.
Launched in Canada in 2023, Dexcom G7 is the most accurate CGM system available, †,1 clinically proven to lower A1C and increase time in range.2-6 Designed to take the guesswork out of day-to-day diabetes management, Dexcom G7 allows the user to easily see their glucose levels and where they’re headed, so they can make informed decisions about insulin, food and activity in the moment, with no routine fingersticksǂ or scanning required.
“It is critical that we continue to provide access to the most advanced continuous glucose monitoring technology to support patients managing diabetes, and ultimately improve their health outcomes and quality of life,” says Dr. Remi Rabasa-Lhoret, Director, Metabolic Diseases Research Unit, Institut de Recherches Cliniques de Montréal. “CGM technology is a game changer. It can simplify diabetes management, giving people who live with diabetes an incredible tool to improve a condition that changes every day.”
Now through RAMQ, thousands of eligible Québec residents living with type 1 diabetes will have access to the latest technology in continuous glucose monitoring systems, helping to reduce the burden of out-of-pocket costs for essential diabetes tools and make modern management solutions more accessible. The majority of Quebec’s top private insurers already cover Dexcom G7 for individuals with type 1 diabetes or type 2 diabetes on insulin.§,7
“As a Dexcom CGM user, this announcement means that I can more feasibly access the technology that has changed how I manage my type 1 diabetes for the better,” says Serge Turcotte, a Québec resident who has lived with type 1 diabetes for 8 years. “For someone as active as I am, I must say that using Dexcom G7 has been a game-changer in how I deal with diabetes and can still be me. Being able to see my glucose levels in real-time and knowing I can be alerted before a dangerous low gives me so much more peace of mind. I am so grateful that such technology exists now.”
Today’s news is the latest in a series of provincial announcements regarding coverage for Dexcom CGM systems. New Brunswick, Newfoundland and Labrador, British Columbia, Saskatchewan, Manitoba, Prince Edward Island, Northwest Territories, Yukon and Nova Scotia have recently adapted their respective provincial health programs to include or expand coverage for Dexcom G7.
To learn more about Dexcom G7 and the RAMQ coverage eligibility criteria, along with private insurance plans that cover Dexcom G7, visit dexcom.com.
About Dexcom, Inc.
Dexcom, Inc. empowers people to take control of health through innovative continuous glucose monitoring (CGM) systems. Headquartered in San Diego, Calif., and with operations across Canada, Dexcom has emerged as a leader of diabetes care technology. By listening to the needs of users, caregivers, and providers, Dexcom works to simplify and improve diabetes management around the world. For more information about Dexcom CGM, visit www.dexcom.com.
1 Dexcom, data on file, 2023.
2 Beck RW, et al. JAMA. 2017;317(4):371-378.
3 Beck RW, et al. Ann Intern Med. 2017;167(6):365-374.
4 Martens T, et al. JAMA. 2021;325(22):2262-2272.
5 Laffel LM, et al. JAMA. 2020;323(23):2388-2396.
6 Welsh JB, et al. J Diabetes Sci Technol. 2024;18(1):143-7.
7 Dexcom, data on file, 2024.
* Individuals who do not have a compatible smart device are eligible for a free G7 Receiver and should contact Dexcom Customer Service at 1-844-832-1810.
† When compared with CGM systems commercially available in Canada as of July 2024.
ǂ Fingersticks required for diabetes treatment decisions if symptoms or expectations do not match readings.
§ Eligibility and coverage vary by policy, plan, and payor. For details, visit www.dexcom.com/en-CA/coverage.
Last Trade: | US$80.04 |
Daily Change: | 4.22 5.57 |
Daily Volume: | 9,827,463 |
Market Cap: | US$31.260B |
December 17, 2024 November 19, 2024 October 24, 2024 September 04, 2024 August 28, 2024 |
ClearPoint Neuro is a global therapy-enabling platform company providing stereotactic navigation and delivery to the brain. Applications of our ClearPoint Neuro Navigation System include electrode lead placement, placement of catheters, and biopsy. The platform has FDA clearance and is...
CLICK TO LEARN MOREC4 Therapeutics is pioneering a new class of small-molecule drugs that selectively destroy disease-causing proteins via degradation using the innate machinery of the cell. This targeted protein degradation approach offers advantages over traditional drugs, including the potential to treat a wider range of diseases...
CLICK TO LEARN MOREEnd of content
No more pages to load
COPYRIGHT ©2023 HEALTH STOCKS HUB