The HG1-c is an all-in-one device that differs from traditional CGMs in that all the monitoring and calculations are done inside the sensor. (traditional CGMs transmit data to a device for analysis which then displays the glucose reading). Very importantly, too, the HG1-c connects with the necessary party (for instance 911) when the person with diabetes fails to respond.
Entry strategy
The HHG1-C is still in its investigatory stage. Its next step is to be approved in Europe, receiving the European CE Mark before proceeding to gain FDA approval
2. Opportunity rationale - identify the opportunity/target market, make sure to addresses the need for you product.
The target market that the HHG1-C services is diabetes patients who have to regularly monitor their glucose level and constantly puncture their skin in order to do so.
The product is indispensable in various ways. Advantages include the fact that it does;t need calibration or warm up as original CGMs did taking up a lot of time. The instrument too doesn't need to be changed. Traditional CGMs need to be changed frequently, and this too is frustrating and...
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