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Sooo, Therasense had the better products and Abbott had the clout, so back in 2004, A bought T for a cool $1.2 billion.
Thanks Scott - I was tempted to go with billions, but it looked a bit melodramatic really, when compared with £50 per sensor.
CEO reckons they are on track for a million users sometime next year.
https://www.drugdeliverybusiness.com/abbott-ceo-aims-for-more-than-one-million-libre-users-by-2019/
So at 26 sensors per user per annum, averaging let's say £40 a pop, that's gonna come out around £1.4bn turnover.
Plus, as I work in medical research I know that development hours are tax deductable (in the UK at least) because my employer never stops banging on about booking project time.
I think Abbott are doing OK.
Don't get me wrong, UR, I'd love it if it was cheaper for self-funders (and, indeed, ccgs who are funding it through script), but there's the hard reality that companies just wouldn't bother taking all the risks of bringing a product to market if they are not going to get a decent return on them.
****, this sh*t is pretty expensive huh? £60 a sensor which only last for 2 weeks. So like over £1500 a year on sensors.
Oh I havent bought any, I don't use any this stuff. I just saw it was 60 quid on the actual freestyle website.Don't know where you're buying them from but you can save yourself £40 a month by going to a Superdrug pharmacy.
Oh I havent bought any, I don't use any this stuff. I just saw it was 60 quid on the actual freestyle website.
I'd maybe use it though if it was only 80 quid a month. Can I find it on the superdrug website?
I get mine from ASDA...****, this sh*t is pretty expensive huh? £60 a sensor which only last for 2 weeks. So like over £1500 a year on sensors.
I get mine for £44 at ASDA. Have to sign a form. Also i think it depends on if the local heath authority prescribes them as they are not on sale where I live but where my Parents live they are.....It's actually 50 quid on freestyle - 60 quid includes VAT, which you can tick a box to say you don't need to pay it. I'll let others comment on the costs from physical pharmacies - but it won't be websites.
I have an Asda 2 minutes from me. Where do you get it from in there exactly? I didn't think they had pharmacies in Asdas?I get mine for £44 at ASDA. Have to sign a form. Also i think it depends on if the local heath authority prescribes them as they are not on sale where I live but where my Parents live they are.....
I have an Asda 2 minutes from me. Where do you get it from in there exactly? I didn't think they had pharmacies in Asdas?
You have to scan get the data with Libre. However, you can buy a transmitter to sit on top of it which will Bluetooth the data to your phone every five minutes, and you can set alerts etc on that.I have another question. I have never used this before but may do so in the future. How does it work exactly? By that I mean, is the sensor providing constant info to the meter and alerts you if you are low or is it simple just the same as measuring yourself only you scan the sensor with the meter as opposed to pricking your finger to get blood? Because tbh, if it's the 2nd, then 100 quid a month just to avoid pricking your finger doesnt seem worth it haha
It's not just the finger pricking advantage. It's the knowing whether you are going to go low or high, which are the main advantages. Plus instantly getting a reading, being able to do it in the night, or discreetly when out. Lots of people find the daily patterns useful, although I don't use that functionality.I have another question. I have never used this before but may do so in the future. How does it work exactly? By that I mean, is the sensor providing constant info to the meter and alerts you if you are low or is it simple just the same as measuring yourself only you scan the sensor with the meter as opposed to pricking your finger to get blood? Because tbh, if it's the 2nd, then 100 quid a month just to avoid pricking your finger doesnt seem worth it haha
I just looked at the website. It says it isn't measuring blood but fluid near the cells, and that it can be 5 minutes behind. 5 minutes behind isn't great for a hypo is it, so in that case if you were starting to feel low would blood measuring still be best?
There are many threads about the Libre on this site - it's worth having a look around.I just looked at the website. It says it isn't measuring blood but fluid near the cells, and that it can be 5 minutes behind. 5 minutes behind isn't great for a hypo is it, so in that case if you were starting to feel low would blood measuring still be best?
I have another question. I have never used this before but may do so in the future. How does it work exactly? By that I mean, is the sensor providing constant info to the meter and alerts you if you are low or is it simple just the same as measuring yourself only you scan the sensor with the meter as opposed to pricking your finger to get blood? Because tbh, if it's the 2nd, then 100 quid a month just to avoid pricking your finger doesnt seem worth it haha
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