Bad news for Dexcom in this article. Some of the accusations are very one sided but this does not bode well for the company. The way these things go, the attorneys and short seller sharks get together and continue to pile on for as long as they can to squeeze more money out of the shareholders. Bad news all around:
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I was scolded by my local pharmacist for the amount of test strips I fill every month. I think articles like this justify the choice to finger stick for larger meals and corrections.
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Thank You!!! A great article. This line says it perfectly, something I have noticed changed since the days when they seemed to actually care.
Quote âthe arrogance of Dexcom is really what needed to be reset.â
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This does not seem like a legitimate news article to me.
This is a law firm trying to get clients using scare tactics and the information in the text has false information and misinformationâŚbeware. The FDA did not find any faulty product that was shipped at Dexcom during their inspection.
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This a law firm trying to get clients and in full of misinformation about dexcom product. The FDA found NO faulty product shipped to customers during their inspection.
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What in the world?!?!
What did they say?
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I think it might actually be a hedge fund trying to short sell a stock. But, same difference. Itâs deliberately misleading.
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Ohhh itâs sort of a long rant of mine but the pharmacist would only fill half my strip prescription. My insurance covers 2 a day but will cover the 4 as long as i have a prior authorization done once a year.
Well she handed me one bottle and said the other one wasnât covered. I told her it would be with a prior authorization. She basically refused to send the prior authorization to my provider and told me that I did not need to do that many finger sticks because I was on Dexcom and if I did something was really wrong. I guess shesâs thinking about the - No More Fingsticks phrase.
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Thatâs all fine but it is always bad news once these fund managers team up with law firms to target a company. Dan Heller on Substack writes a good article about Dexcomâs troubles.
Back when I was a business guy my attorney would always say â Any a**hole can sue you.â Corps like Dexcom can get seriously derailed by the plaintiff attorneys who will exploit any issues they can exaggerate.
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Iâve never heard of Hunterbrook, they may or may not be a good reference. While the article is damning towards Dexcom, a look at the Hunterbrook website is a little concerning. Also, look at Hunterbrook - Wikipedia . Now I know some people donât trust Wikipedia, but I find it a reasonably reliable information source, but form your own opinion. I donât think a Hunterbrook or similar are good for anyone but themselves. They say theyâre a mix of investigative reporting, investment, and litigation. Thatâs a mixture that needs separation because the potential, if not intent, for conflicts of interest is likely massive. Yes, Chinese firewalls can be formed, but they are notoriously ineffective; people in charge, corporate officers, have to talk, be aware of, and direct actions of the those actually doing the work. All that said, some of the Dexcom issues presented are real as exhibited by comments here on FUD and elsewhere by users like me. The question, like so many things today, is how much âTruthâ (big T) is there in the article? Or, is it a little âTruthâ mixed with a lot of innuendo because the company is trying to sway the market so their investmentâs do well and their litigation âwinsâ for their clients. Seems more and more, we need to be skeptical of corporations in generalâŚand ones like this in particular.
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The way I look at this is the claims in Hunterbrooks article are what we senior citizens used to call propaganda, undoubtedly either false or exaggerated to try to influence âsomebodyâ. That somebody is not us patients/users/customers, it is investors, class action plaintiff lawyers, regulators etc. as well as insiders at Dexcom. To the insiders this can be a shot across the bow in a worst case causing more talent to leave the company.
Hunterbrook is trying to hurt the company, plain and simple. Hurting Dexcomâs share price benefits the authors of the article. The fact that Dexcom finds themselves as a target of this type of corporate attack is bad news. Even though we can call it propaganda, it still forces Dexcom to defend themselves. I pessimistically think this is the start of a lengthy painful process for Dexcom and their shareholders.
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If youâre interested, the New Yorker did an article about Hunterbrook
Spoiler Alert: itâs a cynical ploy by people of talent and privilege and greed.
There are many ways to critique the article, but I kind of love that the reporter slapped on a Stelo, got a cheap CVS fingerstick meter, found that on one occasion they got two different results and case-closed!
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Hereâs the original TUD thread:
That lacks the sensationalism so I guess no one noticed. Nothing like a picture of a coffin to sell a story. I give the guys credit for having found the letter:
Maybe they read @Randyâs post. They certainly include the link to the warning letter from that post, though I guess it probably came from some other news outlet.
EDIT: they also paraphrased @bkh âs analysis of the sensor coating issue, picking up on the accuracy issues and, well, amplifying them.
News old news, âHear all about it.â Diabetics dying, dead because they use CGMs.
My wife, who does the stock stuff, noticed the story last night (she does stock 24x7), sent me a link this morning. Iâm pretty sure sensationalist articles like this will never help us. Iâm pretty sure they will kill us, maybe;
CGMs have been banned by the administration because of dangers to diabetics using unproved and frequently unregulated technology.
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This is the exact reason Iâve not gone to the G7. Sensor wire coming thru housing, wonky wave form. Canât stench between arms because of a Fistula. Iâve gone thru g4-5 now 6. Since G6 conscript Iâve only had 3 actual failures and one Tx failure. Iâm G6 untill the end.
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âHunterbrook Mediaâ began in 2024, isnât a legitimate news outlet, and fronts for a litigation firm. That said, despite the sensationalism, there is some legitimate basis to the arguments, and the G7 does have accuracy issues, longevity issues, and adhesive sensitivity issues. As for the deep-dive into management, etc, I canât speak to any of that, and donât really care. Iâm an end-user, and my only interest is getting a product that works, not seeking any legal remedy. I just want to read my glucose.
The article suggests that the Libre 3 is more accurate; something that based on my experience, I find very suspect. The Libre 3 proved 100% a failure, either with sensors that didnât work or quit, or simply gave grossly inaccurate readings. Chief among them were the constant low-glucose alarms that woke me up at all hours, or went off during the day. Not a single sensor gave a term of use that was free of those problems, assuming it made it through the allotted time. I didnât bother reporting most failures as they were far too frequent that I gave up and getting through to the foreign âcustomer serviceâ agents was difficult, and I got sick and tired of being told âItâs not our sensor, itâs your phone,â or âitâs you.â Blame the customer at every step. After I had to walk miles in a blizard in subzero temperatures and high winds on very slick ice to return a sensor, I lost enthusiasm for seeking replacements.
So far, I havenât had any difficulty getting a replacement from Dexcom; itâs almost as if they expect their units to fail, and are springloaded to fire out replacements without batting an eye. That theyâre so expectant for their equipment to fail is disconcerting, but Itâs been far less problematic than the Abbott sensors. Those were disasters. Iâd estimate that to date, Iâve had 90% failure on the Dexcom, but thatâs low alerts, a sensor that fell off, sensors that didnât make it the ten days, and most commonly, sensors that just donât work at the outset (sensor wire pokes out the back of the unit, sensor pairs, but fails immediately, sensor pairs but goes low repeatedly and then just stops working, etc). If they survive a few days, they usually do okay. The skin problems are another matter; Iâm working through potential solutions, starting with a film barrier skin wipe (which has thus far, with a grand day of experience) seen some success.
Iâm unenthralled by a law firm masquerading as journalism. Journalism gets a bad enough wrap as it is, but Hunterbrook is not what it claims. I donât like scare tactics for the sake of scaring people into signing class actions, or for the sake of creating one, where such does not exist. Ambulance-chasing does not impress, and theyâre in pursuit of an ambulance, not a pulitzer.
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