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Know Labs Making Strides With Non-Invasive CGM For Diabetes Screening

 
• By Ryan Nelson

The Seattle-WA-based company’s latest capital raise follows study results published in July in which Know Labs’ proprietary non-invasive RF dielectric sensor and machine learning algorithms correctly classified participants’ glycemic status as hyperglycemic, normoglycemic, or hypoglycemic with 93.37% accuracy compared with venous blood glucose values. Know Labs' goal is to commercialize a diabetes screening device that could help to funnel undiagnosed patients into the health care system.

• Source: Shutterstock

Know Labs, Inc. will use around $3.45m in proceeds from an underwritten public offering to advance clinical validation studies and product development efforts for its KnowU wearable non-invasive continuous glucose monitoring device, the company says.

The public offering brings Know Labs’ total funding since 2018 to more than $19m.

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