Dexcom invests $75M in Ōura, agrees to integrate smart rings and CGMs
MedTech Dive November 20, 2024
The partnership will support data flows that enable people who use both companies’ devices to track how glucose levels affect other health metrics.
Dive Brief:
- Dexcom has invested $75 million in smart ring manufacturer Ōura and agreed to integrate and co-market technologies, the companies said Tuesday. Ōura is now valued at more than $5 billion, they said.
- The partners will integrate Dexcom’s glucose sensors and Ōura’s smart rings, which track metrics such as sleep, activity and stress. Integration will support data flows that enable people who use both companies’ devices to track how glucose levels affect other health metrics.
- Dexcom and Ōura will cross-sell each other’s products and plan to launch the first app integration in the first half...