Oct 21 (Reuters) - Walmart ( WMT ) will become the first
U.S. retailer to sell an over-the-counter continuous glucose
monitor in physical stores, as Abbott Laboratories' ( ABT )
Lingo rolls out to more than 3,500 locations and online, Axios
reported on Tuesday, citing the medical device maker.
Abbott said its device was previously available only at
HelloLingo.com and Amazon, the report added.
Walmart ( WMT ) and Abbott did not immediately respond to a Reuters
request for comment.
Continuous glucose monitor makers such as Abbott, Dexcom ( DXCM )
and Medtronic ( MDT ) are riding a surge in demand as
diabetes awareness rises, insurance coverage expands and
patients embrace finger-prick-free technology.
Lingo has a small, flexible sensor inserted just under the
skin, usually on the back of the upper arm. The sensor measures
glucose levels every few minutes.
The two-week pack with one sensor costs $48.97 at Walmart ( WMT ),
including access to the Lingo app, which is available only for
iPhone now, according to Axios' report.
Abbott launched Lingo last year, targeting consumers who
want to better understand their health, while its other lineup,
FreeStyle Libre, is for people with diabetes and is mostly
available on prescription basis.
In the third quarter, sales of Abbott's continuous glucose
monitors grew 20.5% to $2.0 billion.