Kakao Healthcare Corp. and Dexcom Inc. have embarked on a groundbreaking partnership to provide continuous glucose monitoring (CGM) for diabetes patients, starting in South Korea with plans for global expansion.
Kakao Healthcare and Dexcom are looking to offer sugar management services in South Korea first and then expand globally. Their target is to provide the CGM glucose management service in more countries next year.
As per The Korea Economic Daily, with the tie-up, Kakao Corporation's healthcare arm just took another step forward in bringing its business into key markets outside Korea. This strategic partnership with Dexcom will help it provide digital blood sugar management services using Kakao Healthcare's software and artificial intelligence technology.
"We will achieve global expansion of K-digital healthcare while making efforts to promote public health and create social values in South Korea," Hwang Hee, Kakao Healthcare's chief executive officer, said in a statement.
The Korea Times further quoted the CEO as saying, "The agreement with Dexcom will enable us to launch our innovative CGM-based blood glucose management service domestically and expand globally. As a member of Kakao, we will strive to improve public health and create social value in Korea and achieve global expansion of Korea's digital healthcare industry."
Meanwhile, it was in April this year when Kakao Healthcare and Dexcom first met up to sign the memorandum of understanding in Boston. They expanded their contract and agreed to pursue a joint global business this time and will promote a personalized digital blood glucose management service together.
Kakao Healthcare and Dexcom are launching the new CGM service in the fourth quarter of this year in Korea, then gradually adding more countries. "By combining Kakao Healthcare's software and AI technology capabilities with Dexcom's continuous glucose monitoring (CGM) hardware capabilities, the two companies will provide innovative blood glucose management solutions," the Korean firm said.
Photo by: Kakao Newsroom


Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty
Coca-Cola’s Proposed Sale of Costa Coffee Faces Uncertainty Amid Price Dispute
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist
EU Signals Major Shift on 2035 Combustion Engine Ban Amid Auto Industry Pressure
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge
HSBC’s $13.6 Billion Take-Private Offer for Hang Seng Bank Gains Board Backing
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market
Robinhood Expands Sports Event Contracts With Player Performance Wagers
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data
South Korea Warns Weak Won Could Push Inflation Higher in 2025 



