TECH - Apple Taps Seasoned Executive To Head 'Secret' Team Developing Glucose Monitoring Device - Stocks To Watch | Benzinga
Apple Inc (NASDAQ: AAPL) has appointed Tim Millet, a seasoned executive with a background in iPhone and Mac chip technology, to oversee its secretive team dedicated to developing a noninvasive blood sugar monitor, signaling a significant move in the company's health technology endeavors.
The team, known as the Exploratory Design Group (XDG), had been temporarily supervised by Athas' former deputies, who reported directly to Johny Srouji, Apple's senior vice president of hardware technologies.
Raymond James notes that high-tech diabetes stocks DexCom Inc (NASDAQ: DXCM), Insulet Corporation (NASDAQ: PODD), and Tandem Diabetes Care Inc (NASDAQ: TNDM) ...