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March 29, 2015 6:18 AM ET

Healthcare Equipment and Supplies

Company Overview of Senseonics, Inc.

Company Overview

Senseonics, Inc. develops glucose monitoring products for people with diabetes. It develops Senseonics Continuous Glucose Monitoring System, an implantable continuous glucose monitoring system, which includes a miniaturized sensor and receiver that is inserted into the subcutaneous space under the skin to wirelessly transmit glucose levels to an external receiver. Senseonics, Inc. was formerly known as Sensors for Medicine and Science, Inc. and changed its name to Senseonics, Inc. in October 2012. The company was incorporated in 1996 and is based in Germantown, Maryland.

20451 Seneca Meadows Parkway

Germantown, MD 20876-7005

United States

Founded in 1996

Phone:

301-515-7260

Fax:

301-515-0988

Key Executives for Senseonics, Inc.

Chief Executive Officer, President, Consultant and Director
Age: 52
Executive Chairman
Age: 52
Chief Financial Officer
Age: 60
Vice President of Operations, Quality and Regulatory
Compensation as of Fiscal Year 2014.

Senseonics, Inc. Key Developments

Senseonics, Inc. Appoints R. Don Elsey as Chief Financial Officer

Senseonics, Inc. announced the appointment of R. Don Elsey as the company's new Chief Financial Officer. Prior to joining the company, Don served from May 2014 to February 2015 as the CFO of Regado Biosciences. From December 2013 to March 2014, he was the CFO of LifeCell, Inc.

Oxford Finance LLC Announces Closing of $10 Million Senior Secured Term Loan Agreement with Senseonicsc

Oxford Finance LLC has announced the closing of a $10 million senior secured term loan agreement with Senseonics, Inc. Proceeds of the loan will be used to fund the ongoing development of an implantable continuous glucose monitoring system for people with diabetes.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
May 21, 2014
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