The market continues to tank while DXCM climbs higher and not a word around here. The silence is deafening. CEO put close to half a million dollars out of his own pocket in the offering to boot.
My hunch is that fundamentals are vastly improving with respect to the payors and reimbursement for CGM. Medtronic and the JDRF have also been pitching PR for reimbursement as well. Didn't Gregg say they have never had a lack of patients, but the issue was reimbursement? This thing looks ready to run and when it does it will be too late for the laggards.