First patients have been served, launching the Nurse
Practitioner Group partnership to expedite and expand access to the
Eversense® E3 CGM.
Senseonics Holdings, Inc. (NYSE American: SENS) a medical
technology company focused on the development and manufacturing of
long-term, implantable continuous glucose monitoring (CGM) systems
for people with diabetes, and Ascensia Diabetes Care, a global
diabetes care company, maker of the CONTOUR® blood glucose
monitoring (BGM) system portfolio and exclusive distributor of
Eversense® CGM Systems, today announced the launch of a
collaboration with the Nurse Practitioner Group (NPG), a leader in
multidisciplinary health services and medical staffing solutions.
The first patient insertion of the 6-month Eversense E3 sensor by
NPG was recently completed in Florida, with plans to expand this
new initiative to other key markets across the U.S. in the coming
months.
Led by Senseonics and utilizing NPG’s broad network of
healthcare providers in over 30 states, this partnership is
designed to broaden access to the Eversense® E3 CGM System by
providing convenient at-home and in-office insertion options for
diabetes patients. Under the agreement between Senseonics and NPG,
NPG providers will be certified to perform Eversense procedures in
the specified geographies and will offer its services for patients
who have been prescribed Eversense. Senseonics will assist NPG as
they set up their Eversense procedure capabilities in select
geographic areas.
Nurse practitioner-owned-and-operated, NPG has a track record of
delivering outstanding health care services to patients in multiple
environments, including private sector, government-contracted and
social service agencies. Senseonics, Ascensia and NPG view this
collaboration as a scalable solution with the goal of expanding
access to the Eversense E3 CGM System, enhancing the patient
experience, streamlining the Eversense workflow for health care
providers who elect not to do insertions themselves, thus
broadening the universe of clinicians who prescribe Eversense.
“This partnership will expand options for existing and new
Eversense users by making additional providers available for
at-home or in-office device insertions,” said Tim Goodnow, PhD,
President and Chief Executive Officer of Senseonics. “As Ascensia
continues to drive Eversense E3 uptake in the US, we are excited to
partner with the innovative team at NPG to make it more convenient
to begin or continue receiving the benefits of this next generation
CGM.”
“The Nurse Practitioner Group is dedicated to providing quality
healthcare to the diverse communities we serve through innovative,
cost-effective strategies and this partnership aligns with our
commitment of providing outstanding service and remarkable
results,” said Stacey Santiago, MSN, FNP-BC, President and Chief
Executive Officer of the Nurse Practitioner Group. “Dedicated
members of our skilled staff will be trained and certified on the
Eversense® E3 CGM System insertion and removal procedures and
credentialed to bill regionally. We are excited to offer Eversense
users a convenient, professional solution for their twice-a-year
insertions.”
“Expanding and expediting access to this long-term, fully
implantable CGM system is Ascensia’s number one priority and so we
are thrilled to announce this initiative,” added Rob Schumm,
President of Ascensia Diabetes Care. “Not only will more and more
people with diabetes have access to Eversense CGM, but also the
opportunity to have the insertion and removal procedures done in
their homes or a near-by clinic. This added convenience is possible
thanks to this collaboration with NPG.”
Notes to Editors
About Eversense
The Eversense® E3 Continuous Glucose Monitoring (CGM) System is
indicated for continually measuring glucose levels in persons age
18 years and older with diabetes for up to 6 months. The system is
indicated for use to replace fingerstick blood glucose (BG)
measurements for diabetes treatment decisions. Fingerstick BG
measurements are still required for calibration and when symptoms
do not match CGM information or when taking medications of the
tetracycline class. The sensor insertion and removal procedures are
performed by a trained and certified health care provider. The
Eversense CGM System is a prescription device; patients should talk
to their health care provider to learn more. For important safety
information, see
https://www.ascensiadiabetes.com/eversense/safety-info/.
About Senseonics
Senseonics Holdings, Inc. is a medical technology company
focused on the development and manufacturing of glucose monitoring
products designed to transform lives in the global diabetes
community with differentiated, long-term implantable glucose
management technology. Senseonics' CGM systems, Eversense®,
Eversense® XL and Eversense® E3 include a small sensor inserted
completely under the skin that communicates with a smart
transmitter worn over the sensor. The glucose data are
automatically sent every 5 minutes to a mobile app on the user's
smartphone.
Forward Looking Statements
Any statements in this press release about future expectations,
plans and prospects for Senseonics, including statements about
patient benefits, perceptions, uptake of the Eversense E3 product,
the progress, success, benefits and expansion of a program to
broaden access and insertion options, and the ability to introduce
the product to additional patients, and other statements containing
the words “believe,” “expect,” “intend,” “may,” “projects,” “will,”
“planned,” and similar expressions, constitute forward-looking
statements within the meaning of The Private Securities Litigation
Reform Act of 1995. Actual results may differ materially from those
indicated by such forward-looking statements as a result of various
important factors, including: uncertainties inherent in the
commercial launch and commercial expansion of the Eversense
product, uncertainties inherent in the transition of
commercialization responsibilities to Ascensia Diabetes Care and
its commercial initiatives, uncertainties inherent in collaborating
with a new partner in the Nurse Practitioner Group and that
partner’s successful assumption of certain clinical and
administrative activities, uncertainties inherent in launching a
new program to train more dedicated inserters, uncertainties in
work-force reliant clinical activities, uncertainties in insurer,
regulatory and administrative processes, decisions and policy
determinations, uncertainties in the duration and severity of the
COVID-19 pandemic, and such other factors as are set forth in the
risk factors detailed in Senseonics’ Annual Report on Form 10-K for
the year ended December 31, 2021, Senseonics’ Quarterly Report on
Form 10-Q for the quarter ended June 30, 2022 and Senseonics’ other
filings with the SEC under the heading “Risk Factors.” In addition,
the forward-looking statements included in this press release
represent Senseonics’ views as of the date hereof. Senseonics
anticipates that subsequent events and developments will cause
Senseonics’ views to change. However, while Senseonics may elect to
update these forward-looking statements at some point in the
future, Senseonics specifically disclaims any obligation to do so
except as required by law. These forward-looking statements should
not be relied upon as representing Senseonics’ views as of any date
subsequent to the date hereof.
About Ascensia Diabetes Care
Ascensia Diabetes Care is a global company focused entirely on
helping people with diabetes. Our mission is to empower those
living with diabetes through innovative solutions that simplify and
improve their lives.
We are home to the world-renowned CONTOUR® portfolio of blood
glucose monitoring systems and the exclusive global distribution
partner for the Eversense® Continuous Glucose Monitoring Systems
from Senseonics. These products combine advanced technology with
user-friendly functionality to help people with diabetes manage
their condition and make a positive difference to their lives. As a
trusted partner in the diabetes community, we collaborate closely
with healthcare professionals and other partners to ensure our
products meet the highest standards of accuracy, precision and
reliability, and that we conduct our business compliantly and with
integrity.
Ascensia is a member of PHC Group and was established in 2016
through the acquisition of Bayer Diabetes Care by PHC Holdings
Corporation. Ascensia products are sold in more than 125 countries.
Ascensia has around 1,500 employees and operations in 31
countries.
For further information, please visit the Ascensia Diabetes Care
website at: http://www.ascensia.com
About PHC Holdings Corporation
PHC Holdings Corporation (TSE 6523) is a global healthcare
company with a mission of contributing to the health of society
through healthcare solutions that have a positive impact and
improve the lives of people. Its subsidiaries include PHC
Corporation, Ascensia Diabetes Care Holdings AG, Epredia, and LSI
Medience Corporation. Together, these companies develop,
manufacture, sell and service solutions across diabetes management,
healthcare solutions, life sciences and diagnostics. PHC Group’s
consolidated net sales in FY2021 were JPY 340 billion with global
distribution of products and services in more than 125 countries.
www.phchd.com
©2022 Ascensia Diabetes Care Holdings AG. All right reserved.
Ascensia, the Ascensia Diabetes Care logo and Contour are
trademarks and/or registered trademarks of Ascensia Diabetes Care
Holdings AG.
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Senseonics Investor Contact Philip Taylor Investor
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