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Rich Yang

👤 Person
277 total appearances

Appearances Over Time

Podcast Appearances

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

So if you're going to have that information in real-time feedback using color schemas, that is glucose range monitoring.

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

It works even if you don't have a phone.

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

So one of the things that we really had to work around is for people that don't use insulin, what do they do with a number?

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

Because let's just say, for example, you're high.

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

Well, there's no acute medication decisions this patient population would be doing because they're not taking insulin.

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

Correct.

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

So how do you inspire positive behavior change, drive cognitive restructuring without a number?

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

And so we really wanted to simplify the use of time and range information and make it simple for everybody to understand the immediate impact of the foods that you may be eating, right?

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

In your activity levels, in your change in sleep patterns, right?

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

So, we did that, and because it's semi-quantitative information, it is considered glucose range monitoring.

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

So, it's very different from the ICGM category where you could actually have interoperability with insulin delivery devices.

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

Our sensors are not intended for insulin dosing, and so it's not intended to be integrated with insulin pumps or insulin pens, but it's really a standalone device.

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

Great question.

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

BioLink Shine is a prescription product today.

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

And we intended for it to be a prescription product because we believe there will be an opportunity for some form of reimbursement.

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

Now, while people that are not using insulin may not need sensors full time all the time.

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

So the big question is, could we provide enough benefit on a cost neutral basis to what finger sticks cost to payers and health systems and large self insurers such that there could be some form of partial reimbursement for periodic use?

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

And so we will be aggressively looking at this question to see if we can generate a

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

outcome studies and cost-benefit studies so that some form of partial reimbursement for periodic use could be made available.

Vanguards of Health Care by Bloomberg Intelligence
Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

This is one of the most important tools for people with diabetes that are not on insulin.