MARD

New Tests Show Know Labs Bio-RFID™ Technology Delivers Blood Glucose Readings Comparable to FDA-Cleared Devices

Retrieved on: 
Wednesday, October 6, 2021

MARD is the most common metric used to assess the performance of glucose monitoring systems, with a low percentage indicating the glucose readings are close to the reference glucose value, validating the devices accuracy.

Key Points: 
  • MARD is the most common metric used to assess the performance of glucose monitoring systems, with a low percentage indicating the glucose readings are close to the reference glucose value, validating the devices accuracy.
  • I couldnt be prouder of the work done by our team, said Phil Bosua, Know Labs CEO and Bio-RFID inventor.
  • The Bio-RFID sensor is the core component of Know Labs KnowU and UBand, two non-invasive glucose monitoring devices that will address different market segments.
  • Know Labs is focused on launching what the company believes will be the worlds first non-invasive medical-grade glucose monitoring solution.

Senseonics Holdings, Inc. Reports Second Quarter 2021 Financial Results

Retrieved on: 
Monday, August 9, 2021

Total revenue for the quarter was $3.29 million compared to $0.26 million for the second quarter of 2020.

Key Points: 
  • Total revenue for the quarter was $3.29 million compared to $0.26 million for the second quarter of 2020.
  • Second quarter 2021 research and development expenses increased by $3.31 million year-over-year, to $7.11 million.
  • Second quarter 2021 general and administrative expenses increased by $3.09 million year-over-year, to $7.53 million.
  • Net loss was $180.32 million, or $0.42 per share, in the second quarter of 2021, compared to $7.52 million, or $0.03 per share, in the second quarter of 2020.