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Vanguards of Health Care by Bloomberg Intelligence

Biolinq Introduces New Silicon Tech Opens Next Chapter of Glucose and Analyte Detection

06 Nov 2025

47 min duration
7958 words
6 speakers
06 Nov 2025
Description

“In a world where we have so many wearables — smart rings, watches, glucose sensors — it’s challenging to integrate all of this information,” say Biolinq founder Jared Tangney and CEO Rich Yang. “So we decided to make it available to everybody in one device.” In this Vanguards of Health Care episode, the pair speak with Bloomberg Intelligence’s analyst Matt Henriksson about Biolinq’s microsensor-based patch that uses silicon semiconductor technology to track glucose and potentially other biomarkers. They also discuss the company’s commercial strategy for type 2 diabetes patients following its FDA de Novo approval, a US regulatory designation granted to first-of-its-kind medical devices that have been shown to be safe and effective.See omnystudio.com/listener for privacy information.

Audio
Transcription

Chapter 1: What is the main topic discussed in this episode?

0.031 - 18.748 Michelle Hussein

Hello and welcome. This is The Michelle Hussein Show. I'm Michelle Hussein. I speak with people like Elon Musk. I think I've done enough. And Shonda Rhimes. That's so cute. This will be a place where every weekend you can count on one essential conversation to help make sense of the world.

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19.248 - 29.397 Michelle Hussein

So please join me, listen and subscribe to The Michelle Hussein Show from Bloomberg Weekend, wherever you get your podcasts. You certainly ask interesting questions.

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51.601 - 71.837 Matt Henriksen

Welcome to another exciting episode of the Vanguards of Healthcare series. My name is Matt Henriksen, the medical technology analyst at Bloomberg Intelligence, which is the in-house equity research platform of Bloomberg LP. We are pleased to have BioLink with us today, including CEO Rich Yang and co-founder, president, and CTO Jared Tangney.

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71.817 - 92.251 Matt Henriksen

BioLink is a privately held medical device company that is developing bio-wearables, including Shine, the first glucose sensor with no hypodermic needle for insertion. Rich and Jared, thank you both for joining us today. Glad to be here. Thank you. Thanks, Matt. And why don't we just start with both of your career paths?

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93.033 - 110.143 Matt Henriksen

Jared, I might start with you first, because as a co-founder, you took the steps to see an unmet need in really a market that seems to be innovating very, very quickly. So just curious your thoughts of how you came about founding this company.

110.528 - 128.217 Jared Tangney

Yeah, for sure. So the technology came out of UC San Diego, which is where I did a PhD in biomedical engineering. I met my co-founder Josh there, and we did see that diabetes was one of these markets, one of these industries that had just been transformed by technology.

128.197 - 142.455 Jared Tangney

But if you kind of looked at the way sensing was being done up until this point in time, the actual mechanism of sensing hadn't changed much. The electronics were changing, the wearables were changing, but the actual way of getting that information hadn't changed.

143.056 - 162.804 Jared Tangney

And we saw that glucose was a very valuable marker, but we also saw that there was probably dozens of other markers that could be very interesting to measure. So that's really what got us going on this pathway was glucose is incredibly valuable for people with diabetes, but how can we expand that to other markers?

162.844 - 172.48 Jared Tangney

And then also, how can we make it easier for people with diabetes and without diabetes to get access to their metabolic information? And so that's really what got us started on this journey.

Chapter 2: What innovative technology does Biolinq use for glucose monitoring?

408.069 - 425.41 Matt Henriksen

And so basically get four readings a day. Now you're doing, if I did my math right, you know, five minutes between readings, that's 288 readings without pricking your finger. So what was the technology to get? to those 288 readings accurately.

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425.75 - 448.032 Rich Yang

In vivo sensing is incredibly hard. For a market this big, you typically would have dozens, if not hundreds of players in market. And that just goes to show how hard it is to take something that was used for point of care testing and the technology that built billions of units per year in test strips,

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448.012 - 472.517 Rich Yang

It was very difficult to translate into in vivo performance with the appropriate degree of accuracy to mitigate hypoglycemia, to see all the trends in real time. That continues to be the single greatest barrier to entry for any new technology coming in. is figuring out the stabilizing chemistry, the manufacturing scale processes for in vivo sensing.

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472.537 - 491.454 Rich Yang

So how do you put a live enzyme on a filament or on the tip of our micro sensors, have it survive sterilization and have it survive dry storage? And that when you put it on the body, that it actually works right after warmup and be accurate enough for therapeutic decision-making.

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491.714 - 498.809 Rich Yang

So that continues to be a technical feat that very few have been able to accomplish and to be able to get through the FDA.

499.19 - 517.202 Matt Henriksen

Yeah. And that's probably why now you just see the Dexcom and the Abbott's of the world being able to dominate the market because they've been able to establish that type of stabilizing chemistry, as you mentioned. With those two in the market, they're mainly in the type one space and they're starting to get into the type two diabetic patient population.

Chapter 3: How did Jared Tangney and Rich Yang come to found Biolinq?

517.182 - 522.889 Matt Henriksen

How has that patient opportunity changed throughout the years?

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523.41 - 545.839 Rich Yang

This is the largest population of people that need a solution. Finger sticks alone are not enough, right? So one or two finger sticks a day won't give you any trends, right? And for the type 2, the broader type 2 population, what is even more meaningful is context. So providing a glucose number alone...

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545.819 - 572.89 Rich Yang

may not be enough because for people that don't take insulin, the numbers, there's nothing they can do about them. So you're more than just a number. So we took an approach to make sure that we have glucose information combined with activity and sleep. So we were able to see and capture behavior, right? And glucose information so we can derive appropriate insights

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572.87 - 601.29 Rich Yang

to drive sustainable opportunities to create new habits and hopefully sustainable behavior change. So context is the key here. And in a world where we have so many wearables now, we have smart rings, smart watches, glucose sensors, and it's challenging to integrate all of this information on the back end by the user through different sources to make sense of all that information.

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601.27 - 623.97 Rich Yang

So we decided to make it available to everybody all in one wearable device so you don't have to synchronize date and timestamps, try to coordinate all the information and have it there and have it be insight driven. And we put inspiration into everything that we do. So to inform is one thing. To inform and inspire has been our charter.

623.95 - 631.628 Rich Yang

So if we capture this information, how do we provide a better user engagement to drive healthier decisions?

631.949 - 647.134 Matt Henriksen

And I think we'll definitely jump into how to integrate all those into one device, because even when you mentioned the ring, the watch, all those things, One of the reasons why I haven't personally gone into those is because I'm like well Do I need ten different apps for ten different readings?

647.154 - 677.063 Matt Henriksen

So I definitely I'm gonna be personally curious about that going back to the the context for type two is it just as simple as you know, I Had an extra bagel for breakfast and I see that rise in the glucose measurements Therefore, I know I need to fix my diet better to be able to maintain the time and range and Or is there more complicated understanding of the glucose health for these patients?

677.624 - 699.61 Rich Yang

This is where behavioral science comes in. So how do we support sustainable behavior change and support cognitive restructuring? Well, three things are required for that to happen. Real-time feedback passively when teachable moments arise. So how do you give that feedback in real time when a teachable moment happens? You can't tell when you're going to have a teachable moment.

Chapter 4: What is the significance of FDA de Novo approval for Biolinq's technology?

868.318 - 877.837 Rich Yang

I know I'm high. Sure. I snooze it. and they never see how long they stay high until you look at it retrospectively. Actually, in my case right now, I just left my phone on my desk.

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877.937 - 883.57 Matt Henriksen

There you go. If I'm out here at the recording studio and I have a spike because I drank some juice, I would miss out on it.

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883.59 - 902.038 Jared Tangney

There you go. One thing I'll add, our metabolism is incredibly complicated. Getting this contextual information is incredibly insightful. I think one of the big takeaways that many people have realized is that it doesn't take this intense amount of exercise if your glucose is high to get it to come back down.

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902.438 - 920.383 Jared Tangney

Like Rich was saying, 10 minutes, 15 minutes, and your glucose can come back down into range. It's kind of that combination of moving your body and what you eat that's really important. And I mean, for example, right, you know, we're here in New York. Every time I come to New York, I got to get a New York bagel. I don't usually eat bagels, right?

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920.403 - 922.166 Michelle Hussein

But I treated myself this morning.

922.186 - 936.748 Jared Tangney

Yeah, if I'm wearing a sensor, I don't want to eat a bagel. But I went for a run beforehand, right? And if I go for a run, if I run for five miles afterwards, I can eat a bagel and my glucose won't rise nearly as high. So it's all of that contextual information that's really insightful.

936.728 - 943.04 Matt Henriksen

And then even something too, like, oh, if I eat the bagel before I run or if I run before the bagel, you can see the trends and how that differs and everything.

943.261 - 971.596 Rich Yang

Even the timing in order of what you eat over a meal, for example, eating the high fiber foods first, vegetables first before your protein, all of these things make a difference. And so if we do nothing further... The metabolic health literacy opportunity here is profound. Everybody should know their relationship with the foods they like, activity or lack of, and sleep.

972.337 - 990.24 Rich Yang

And so because all of this leads to a pillar in metabolic health literacy. that could extend human healthspan. It is one of the most important pillars to understand. We just haven't had the tools to allow it to be easily used needle-free for mainstream adoption.

Chapter 5: How has continuous glucose monitoring (CGM) changed diabetes management?

1507.1 - 1514.548 Rich Yang

So we layer on sleep and activity. And so that's how we generate the insights to drive positive behavior change. Mm-hmm.

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1514.798 - 1519.245 Matt Henriksen

Okay, so if I got this correct, it actually can detect when you're sleeping?

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1520.046 - 1520.347 Rich Yang

Yes.

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1520.567 - 1544.89 Matt Henriksen

Okay, so that's got it. Okay, and that kind of gets us into more of that integrating it all into one device that we'll talk about a little bit later. And so then you have the app as well. One of the things too, just, you know, between... the product development and the recent de novo approval as just the pivotal trial. There was news about enrollment ending.

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1545.672 - 1555.572 Matt Henriksen

Was that data presented to the FDA before? Is that clinical data going to be provided and published at one of these diabetes conferences in the near term?

1555.552 - 1569.798 Rich Yang

Great question. And a really quick shout out to Amy Vandenberg, who's our head of regulatory and clinical. She really set a new bar and set a new record for fastest pivotal trial in CGM history. So 58 business days, right?

Chapter 6: What challenges did the founders face in developing their glucose sensor?

1570.86 - 1590.57 Rich Yang

So that's quite incredible execution. Start initial of enrollment to completing the data? 58 business days. Wow. Okay. Really extraordinary. And so subjects had to come in to the clinic for 12 hours twice during their session to draw venous blood samples for 12 hours every 15 to 20 minutes.

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1590.55 - 1614.025 Rich Yang

And we had thought that there would be an incredibly high dropout rate because who would come in twice in one week to draw blood for 12 hours straight? Well, Amy did such a great job in her team in executing that we didn't have people that dropped out of the study. So we got it done in 58 business days and it's unprecedented. But yeah, we generated a tremendous amount of clinical information.

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1614.065 - 1636.905 Rich Yang

We had finger sticks that the patients did from home. We had venous blood samples on two in-clinic days. They had commercially available CGM being worn at the same time. So we generated a very profound amount of information for the FDA for review. And Amy's philosophy is to collaborate with the FDA, over-communicate.

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1637.426 - 1658.526 Rich Yang

And so when we did finish and when we did generate our data, by the way, all of the data was blinded to us, right? But to the data that was generated that we can get in front of the FDA, she actually held pre-sub meetings with the FDA, let them know how we did. So there were no surprises when we submit. There was no precedence to this, right? Yeah.

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1658.506 - 1671.124 Rich Yang

no semiconductor biosensor that's ever been approved, a needle-free intradermal sensor. So how do you go about that? So, and, you know, this is where Amy really excelled in making sure that the FDA was well-informed of every step of the way.

1671.464 - 1696.211 Matt Henriksen

Yeah. And that's, I mean, the fact that you use, you know, venous draws, you use finger sticks and you use CGMs as all kind of as comparables, highlights, you know, because it's such a new technology, you want to make sure that you- The scientific rigor. Yeah, exactly. And so then, you know, But going back, is that something then the public can see that data published maybe ADA next year?

1696.311 - 1700.297 Matt Henriksen

I know DTM is coming up in November. Is that something that we can all look forward to?

1700.457 - 1724.127 Rich Yang

Yes, we intend to publish. And Jared will be speaking at the scientific sessions. We are applying to present formally. So hopefully we get accepted. And so Jared will be speaking on the clinical trial results and the... The first opportunity where we have Jared speaking on some of the pivotal trial data will be at the DTM conference.

1724.388 - 1729.394 Matt Henriksen

Okay. Yeah. They made it in person again for the first time in a few years, right?

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