Dexcom is converting its San Diego manufacturing operations to research and development lab space.
Dexcom, the San Diego-based maker of continuous glucose monitors, is moving its local manufacturing operations to Arizona and cutting more than 500 local jobs.
This decision will cut 536 manufacturing employees from its San Diego operations. Regan said some of these workers will be eligible to apply for manufacturing roles in Arizona with relocation assistance. Dexcom opened the Mesa, Ariz., facility in 2017. All of the company’s manufacturing for the United States market has been done in Arizona and San Diego.
The two Sorrento Valley buildings that currently support its local manufacturing operations will be converted into lab space in the next couple of years. “At the end of this process, we will have 30 percent more R&D lab space in San Diego as a result of this transition,” Regan said. “We’ve got such an unmet need in the diabetes space, but also a lot of other comorbidities that you associate with diabetes and with obesity … that’s why we have to increase our R&D capacity here.”
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