Dexcom expands in Phoenix with new manufacturing facility

Dexcom Inc. (NSDQ:DXCM) said today it is expanding its footprint in Phoenix with a new manufacturing facility which will focus on the company’s continuous glucose monitoring business.

The new facility, slated to be 180,000 square feet, expects to add an additional 500 positions over the next several years f with initial manufacturing operations planned for the 2nd quarter of 2017.

“We are thrilled to locate our new state of the art manufacturing facility in the greater Phoenix area where the healthcare industry is seeing accelerated growth. We chose Mesa due to the available, talented workforce, in addition to the proximity to our headquarters in San Diego and our key suppliers. Given our company’s growth, and the growing demand for CGM technology, we felt that a significant expansion of our manufacturing capability in this location was a good strategic fit,” CEO Kevin Sayer said in a press release.

In April, Dexcom won a date with the FDA in July as the agency considers expanding the indication for the G5 mobile continuous glucose monitor.

The Center for Devices & Radiological Health’s chemistry & toxicology panel is slated to meet July 21 to recommend whether the intended use for the Dexcom G5 should be changed so that diabetics can use it to replace finger-stick blood glucose monitoring; the G5 device measures glucose using the interstitial fluid surrounding cells just under the skin.

Changing the device’s intended use would mean patients could make treatment decision based on the G5’s interstitial glucose readings, rather than merely for tracking them and predicting trends.

The FDA’s August 2015 approval for the Dexcom G5 came months ahead of expectations; the device won CE Mark approval in the European Union less than a month later. Last March Dexcom said it made the G5 compatible with Apple’s (NSDQ:AAPL) Apple Watch, but warned in Aprilof possible alarm and alert malfunctions with the G5 and 1 of its predecessors, the G4 Platinum.

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