MedTech Dive June 10, 2024
Elise Reuter

Abbott will launch two over-the-counter glucose monitors in the U.S., competing directly with Dexcom’s Stelo.

Dive Brief:

  • Abbott said Monday it will launch two over-the-counter continuous glucose monitors after receiving clearance from the Food and Drug Administration.
  • One product is the company’s Lingo device, sold as a wellness product for people who do not have diabetes. The other is Abbott’s new Libre Rio device, which is intended for adults with Type 2 diabetes who do not use insulin, posing a direct challenge to Dexcom’s Stelo device.
  • After Lingo was cleared last week, RBC Capital Markets analyst Shagun Singh wrote the over-the-counter nod could offer a more than $1 billion sales opportunity for Abbott.

Dive Insight:

Abbott had...

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