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DexCom, Inc. (DXCM) Message Board

  • herblara herblara Aug 26, 2014 3:02 PM Flag

    Up 5% today Will JNJ Purchase Dexcom?

    I am thinking JNJ may purchase Dexcom.
    Historically JNJ will work with a partner only to purchase them at a later date.
    JNJ / Animas is working with Dexcom currently.
    Continous monitoring eliminates the need for strips and eliminates the pain of lancing skin up to 7 times per day.
    Conventional glucose monitors that require costly strips and lancing device will be replaced by Continous meters in the future.
    I take an educated guess and would expect Dexcom has the potential to sell in the triple digits.

    From Forbes: The business of glucose monitoring is growing at a fast rate of 25% annually, and experts estimate that by 2017, the market will exceed $30 billion worldwide

    • JNJ acquired Inverness Medical Technology's Diabetes Care Products Business in $1.3 Billion Stock-for-Stock Transaction.
    • JNJ purchased Animas Corp with a cash-for-stock agreement, worth approximately $518 million.
    • JNJ purchased privately held Lifescan 1986.

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