Dexcom and ŌURA Announce Strategic Partnership
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SAN DIEGO & SAN FRANCISCO--(Business WIRE)--DexCom, Inc. (NASDAQ:DXCM), the global chief in glucose biosensing, and ŌURA, maker of the world’s leading smart ring, announced today a strategic partnership to assist millions of people improve their metabolic well being by means of the integration of Dexcom glucose knowledge with important sign, sleep, stress, heart health and exercise knowledge from Oura Ring. Combining Dexcom glucose data with the biometrics collected by Oura Ring will present users of each merchandise with a more full picture of overall well being. Dexcom can also be making a $75 million strategic investment in ŌURA Sequence D funding, with ŌURA now valued at greater than $5 billion. "Dexcom gives the most correct glucose biosensing techniques available on the market that help reveal the affect of day by day lifestyle selections on glucose levels and allow our users to make knowledgeable selections about their health and overall nicely-being," said Matt Dolan, executive vice president of strategy and company growth at Dexcom.


"Partnering with ŌURA gives us the opportunity to redefine the category once more, integrating data from Dexcom glucose biosensors with the continuous insights and metrics measured by Oura Ring. With this partnership, Dexcom and ŌURA will launch integrations enabling knowledge to move between Dexcom and ŌURA products, together with Dexcom glucose biosensors, Dexcom apps, Oura Ring and the Oura App, so shared customers can monitor their glucose levels and understand the impact of behaviors and biology on their metabolic well being. The businesses can even co-market and cross-promote every other’s merchandise. "Ninety-seven % of Oura Members have expressed interest in understanding how the food they eat impacts their well being," said Tom Hale, ŌURA chief government officer. "This partnership with Dexcom will allow us to empower our members to make informed selections and regulate behaviors to positively impact their biometrics and lengthy-term health. Working together, ŌURA and Dexcom will help members determine what and when to eat by surfacing correlations between actions like sleep and train and members’ glucose levels.


Dexcom has been the pioneer in glucose biosensing for 25 years, with a protracted list of first-in-market improvements. Most recently, Dexcom led the creation of a new class by launching Stelo, the primary glucose biosensor cleared to be used and not using a prescription1 in the U.S. More than 2.5 million active users throughout the globe rely on Dexcom’s life-changing portfolio of glucose biosensors to take management of their well being. This 12 months has marked a significant acceleration of ŌURA’s business, including its metabolic health roadmap. Earlier this year, ŌURA introduced that it has sold 2.5 million rings, expects to see annual gross sales double in 2024 to roughly $500 million and is profitable. ŌURA also launched a new feature, Meals, to Oura Labs (an choose-in innovation hub inside the Oura App that allows members to test options in improvement and supply suggestions) that permits tracking meal timing and maps that timing to their chronotype to grasp how, what and after we eat can affect health metrics like sleep, stress and recovery.


Eighty-eight p.c of Individuals usually are not in optimum metabolic health,2 which comes with elevated threat of creating co-morbid circumstances like diabetes, heart disease, stroke or all three.3 Strategic partnerships that combine medical-grade expertise with advanced software program are driving ahead the consumerization of healthcare, allowing customers to drive their well being journeys and empowering them with their own well being data. Dexcom and ŌURA plan to fulfill a need that will change the healthcare landscape going ahead. Dexcom empowers folks to take management of well being through progressive biosensing know-how. Founded in 1999, Dexcom has pioneered and set the standard in glucose biosensing for more than 25 years. Its know-how has transformed how individuals manage diabetes and observe their glucose, serving to them really feel more in control and live extra confidently. Dexcom. Uncover what you’re product of. ŌURA delivers personalized health information, insights, and daily steering with Oura Ring, the leading smart ring that helps you reside healthier, Herz P1 Smart Ring longer. Guided by a mission of changing the healthcare paradigm from sick care to preventative well being, ŌURA makes Herz P1 Wellness and recovery a day by day follow via sleep, exercise, readiness, stress, resilience, Herz P1 Smart Ring women’s health and coronary heart health. Millions of Oura Members around the globe use Oura Ring as a personalized well being companion that meets them where they're. Oura Ring is constructing probably the most scientifically validated wearable. ’s well being, metabolic health, fitness, behavioral well being and extra. In 2013, ŌURA was based in Finland and has offices in Oulu, Helsinki, San Francisco and San Diego.