Wednesday, June 20, 2007

Dexcom CEO to be replaced

Dexcom has just announced that their current CEO, Andy Rasdal, is being replaced by Terrance H. Gregg formerly of Minimed and Medtronic.

I have to believe this is a good move for Dexcom, maybe it's part of the reason their shares have been up a lot in the last 2 days. Terrance will bring a lot of business expertise appropriate to that specific market to Dexcom.

And according to their recent webcast, Dexcom is set to publicly launch the Dexcom SEVEN on June 23rd. That seems to be when people will start to get hold of it.

These are exciting times for Dexcom. I just hope that the Dexcom SEVEN has enough improvements over the Dexcom STS to actually justify the hype.

Note: I currently own some shares in Dexcom, I work not to let this ownership influence what I say about the company or its products.

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