Abbott has FDA clearance for two new over-the-counter continuous glucose monitoring systems
Abbott on Monday announced it has received FDA clearance for two new CGMs that will be available without a prescription.
Abbott's new Libre Rio system is for patients with Type 2 diabetes that do not take insulin, while Lingo is designed for use by consumers that are trying to improve their health and wellness.Abbott Chairman of the Board and CEO Robert B. Ford delivers a keynote address at CES 2022 at The Venetian Las Vegas on January 6, 2022 in Las Vegas, Nevada.from the U.S. Food and Drug Administration for two new continuous glucose monitoring systems, including one for people who don't have diabetes.
The market opportunity could be significant for Abbott, whose existing CGMs are already used by around 6 million patients across 60 countries, Abbot said. Around 38.4 million people are living with diabetes in the U.S. alone, Abbott said, and offering a consumer-facing CGM brings the technology to an entirely new population.
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