Listen to Abbott (NYSE: ABT) CEO Miles White talk about the FreeStyle Libre is like listening to a proud granddad gosh over his grandchild. Keep in mind the Libre is the offspring of the Navigator. And quite frankly Miles has every reason to be proud as Libre by all accounts has exceeded everyone’s expectations. Let’s a take a quick look at the numbers;
Total Users 650,000
Monthly User adds 50,000
US Market penetration 50,000 users
User breakdown 2/3 Type 1 1/3 Type 2
Now that the numbers are out of the way let . . .
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