Dexcom, a leading provider of continuous glucose monitoring (CGM) systems and Verily, an Alphabet Inc. company focused on life sciences and healthcare, have announced a significant amendment to their collaboration and license agreement.

The new agreement represents an extension of their 2015 partnership and will allow the two companies to work together to develop a variety of new CGM products. This collaboration will leverage Dexcom`s expertise in CGM technology and Verily`s advanced software and data analytics capabilities.

The agreement also includes a license for Verily to use Dexcom`s CGM technology in future products developed by the company. This will enable Verily to leverage Dexcom`s proven CGM solutions and accelerate the development of new healthcare technologies that could benefit patients worldwide.

“We are excited to extend our partnership with Verily to leverage our strengths in developing and commercializing CGM technology,” said Kevin Sayer, President and CEO of Dexcom. “Together, we will continue to innovate and improve the lives of people with diabetes.”

This collaboration is an important step forward for both companies, as it will help to advance the development of new, innovative solutions for diabetes management. In recent years, CGM systems have revolutionized the way people with diabetes monitor their blood sugar levels, providing accurate real-time data that can help them to make informed decisions about their treatment.

With the growing prevalence of diabetes worldwide, there is a critical need for new, effective solutions for managing the disease. By working together on the development of new CGM technologies, Dexcom and Verily are helping to advance the state of the art and bring new hope to patients.

In conclusion, the collaboration and license agreement between Dexcom and Verily represents a significant step forward in the development of new CGM products. By leveraging the strengths of both companies, they will be able to accelerate the development of new healthcare technologies that could improve the lives of people with diabetes around the world. As an SEO copy editor, it is important to note that this topic is relevant to the healthcare industry and will likely attract a significant amount of traffic. By optimizing the article around relevant keywords, it is likely to garner a lot of attention from readers looking for information on this topic.