Overview

• The companies signed a memorandum of understanding transferring all Eversense 365 commercialization and distribution, plus future products, from Ascensia to Senseonics.
• Senseonics will assume U.S. sales, marketing and commercialization on Jan. 1, 2026, with transition service agreements planned for other markets during the handover.
• Brian Hansen, currently president of CGM at Ascensia, is slated to join Senseonics as chief commercial officer on Jan. 1, 2026.
• Senseonics reaffirmed 2025 revenue guidance of $34 million to $38 million and projects gross margins of about 50% in 2026 with immediate revenue improvement from ending revenue sharing.
• The company cited an expanded $100 million non-dilutive debt facility to fund the commercial buildout, while BTIG maintained a Neutral view and flagged unclear termination and TSA costs and higher operating expense needs.