From Jared Watkin - Freestyle Libre (Vienna, EASD 2014) · · AlessandroCecconi
“We know the penetration of CGM on a worldwide basis is relatively low — latest figures would suggest less than 5% of the market — and a large part of it is due to cost, lack of reimbursement in many markets and data interpretation challenges.”
On , Jared Watkin, Executive Vice President of Diabetes Care at Abbott Laboratories, spoke about continuous glucose monitoring during Jared Watkin - Freestyle Libre (Vienna, EASD 2014) on AlessandroCecconi.
In a 2014 presentation at the European Association for the Study of Diabetes meeting in Vienna, Jared Watkin, then Divisional Vice President of Technical Operations for Abbott Diabetes Care, discussed the company's FreeStyle Libre flash glucose monitoring system. Watkin stated that the product was designed as an alternative to blood glucose monitoring, describing it as a 14-day, factory-calibrated sensor that does not require finger-stick calibrations. He noted that the system achieved a MARD of 11.4% and that 99.7% of results fell within zones A and B of the consensus error grid. Watkin attributed the system's factory calibration capability to Abbott's "wired enzyme" chemistry, which he said allows for stable sensor performance. He acknowledged that worldwide CGM penetration was less than 5%, citing cost, lack of reimbursement, and data interpretation challenges as factors. Watkin added that Abbott was conducting randomized controlled trials to generate outcome data to support reimbursement positions.