The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSENS.L Share News (SENS)

  • There is currently no data for SENS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sensyne Health Develops New Diabetes Software Application DBm-Health

Wed, 19th Aug 2020 10:16

(Alliance News) - Sensyne Health PLC on Wednesday said it has developed software application DBm-Health for people with or at risk of diabetes and its working with three NHS trusts for an initial UK launch.

Shares in Sensyne were up 13% at 54.00 pence in London in morning trading.

Sensyne, a clinical artificial intelligence firm based in Oxford, said the intended user population for DBm-Health will include those at risk of developing diabetes, as well as people with a diagnosis of pre-diabetes, type 1 or type 2.

The application is intended to connected diabetics to the clinician responsible for their care, granting clinicians information on a patient's status as well as whether interventions might be needed.

The product connects patients needing regular blood glucose self-monitoring to clinicians and was developed in response to the success of Sensyne's GDm-Health application for women with diabetes in pregnancy. GDm-Health has a market share of 47% across the NHS in England and is under clinical evaluation by Jefferson Health in the US.

Sensyne said it was also responding to "increasing demand from clinicians for new digital technologies and Sensyne Health products, particularly during the Covid-19 pandemic" in developing DBm-Health.

On the subject of Diabetes and Covid-19, Sensyne said: "The launch of DBm-Health comes at a time of increasing hospital admissions for acute diabetes management and emerging evidence suggesting Covid-19 may trigger the onset of diabetes in healthy people and cause poor control for existing diabetes sufferers.

"In addition, the NHS has moved rapidly to offer remote consultations, particularly for those with co-morbidities such as diabetes which puts a person at particular risk of severe Covid infection. Therefore, demand for diabetes remote monitoring has risen rapidly over the past few months and remote monitoring of diabetes is expected to remain the main method of care in the future."

The company is working with three NHS trusts to deploy DBm-Health in an initial UK launch that will "evaluate the health-economic and operational benefits of DBm-Health", with a US launch to follow near the end of its current financial year ending April 2021.

Chief Executive Paul Drayson said: "I am very proud of the speed at which the Sensyne team has responded to this clinical need and the clear demonstration of the scalability of the platform we have built at Sensyne. We are acutely aware of the concerns of diabetic patients and the people that care for them, and of the additional burden that Covid-19 has brought to the management of this complex and potentially life-threatening condition. Rapid uptake of DBm-Health in the UK has the potential to make a significant difference to diabetes care in the NHS and provides a strong foundation to launch DBm-Health in the US later this financial year."

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
30 May 2022 15:59

UK shareholder meetings calendar - next 7 days

Tuesday 31 May 
GYG PLCAGM
JTC PLCAGM
Lookers PLCAGM
McColl's Retail Group PLCAGM
Microlise Group PLCAGM
PageGroup PLCAGM
Petershill Partners PLCAGM
Sportech PLCAGM
Tekcapital PLCAGM
Wednesday 1 June  
Boku IncAGM
Parsley Box Group PLCAGM
One Media IP Group PLCAGM
United Oil & Gas PLCAGM
Flowtech Fluidpower PLCAGM
Dianomi PLCAGM
Honeycomb Investment Trust PLCGM re combination with Pollen Street Capital
East Imperial PLCAGM
Secure Income REIT PLCAGM
Public Policy Holding Co IncAGM
Thursday 2 June  
Clontarf Energy PLCGM re issue of new shares
HealthBeacon PLCAGM
Friday 3 June  
no events scheduled  
Monday 6 June  
Alphawave IP Group PLCAGM
Minoan Group PLCAGM
Omega Diagnostics Group PLCAGM
Sensyne Health PLCGM re strategic financing
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
19 Apr 2022 17:06

LONDON MARKET CLOSE: Stocks waver as IMF cuts global growth forecast

(Alliance News) - Stocks in London ended lower on Tuesday, following the long Easter weekend, after the IMF warned Russia's invasion of Ukraine will weigh heavily upon global economic growth.

Read more
19 Apr 2022 11:06

AIM WINNERS & LOSERS: Cake Box trading strong; Sensyne falls further

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

Read more
19 Apr 2022 10:43

Sensyne Health shares plummet as AIM delisting proposed

(Alliance News) - Sensyne Health PLC shares slump on Tuesday as the company proposed delisting from London's AIM junior market.

Read more
8 Apr 2022 16:58

LONDON MARKET CLOSE: Stocks end week in optimistic mood

(Alliance News) - Stocks in Europe rallied on Friday, ending the week on the front foot, as investors prepare for the start of US earnings season, inflation readings from Germany, the US and UK and a rate decision from Europe's central bank in an action packed week.

Read more
8 Apr 2022 12:18

LONDON MARKET MIDDAY: Stocks set aside hawkish Fed, Russia war fears

(Alliance News) - Stocks in London were higher at midday on Friday shaking off fears over Russia sanctions and a hawkish Federal Reserve.

Read more
8 Apr 2022 12:14

UPDATE: Sensyne Health plunges amid AIM delisting warning

Sensyne Health PLC plummeted on Friday after the biotechnology said the amendments of its note purchase agreement provides an option to cancel the admission of shares to trading on the market.

Read more
8 Apr 2022 11:28

AIM WINNERS & LOSERS: Sensyne Health drops amid AIM delisting warning

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

Read more
8 Apr 2022 11:01

Sensyne Health dives as it warns of future; chief executive steps down

(Alliance News) - Shares in Sensyne Health PLC plummeted on Friday after it warned that without further financing it will not be able to continue beyond this month and that its chief executive officer and founder has stepped down.

Read more
4 Feb 2022 16:11

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
31 Jan 2022 11:13

Sensyne reports "disappointing" first half, with revenue decline

Sensyne reports "disappointing" first half, with revenue decline

Read more
26 Jan 2022 12:09

Sensyne shares rise after securing much-needed GBP11 million

Sensyne shares rise after securing much-needed GBP11 million

Read more
26 Jan 2022 11:23

AIM WINNERS & LOSERS: IG Design plunges after profit warning

AIM WINNERS & LOSERS: IG Design plunges after profit warning

Read more
14 Jan 2022 12:24

LONDON MARKET MIDDAY: Stocks edge lower as US bank earnings begin

LONDON MARKET MIDDAY: Stocks edge lower as US bank earnings begin

Read more
14 Jan 2022 11:20

AIM WINNERS & LOSERS: Sensyne Health plunges on liquidation fears

AIM WINNERS & LOSERS: Sensyne Health plunges on liquidation fears

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.