Signos CEO Sharam Fouladgar-Mercer joins 'Fast Money' to talk first FDA-approved glucose monitor for weight loss.

Cygnos has become the first company to receive FDA approval for a glucose monitoring system aimed at weight loss. The wearable device uses a biosensor to continuously track glucose levels, providing users with real-time feedback on how their diet, exercise, and lifestyle choices affect their metabolism. The system is designed to empower users to make informed decisions about their health, offering predictive insights and timely nudges to support weight management goals.

The device, which costs $129 per month and is eligible for FSA and HSA, is positioned as a complementary tool to existing weight loss medications like GLP-1s. Cygnos is working with insurers to explore reimbursement options. The system integrates with other smart health devices and aims to make metabolic monitoring a routine part of personal health management.

First FDA-approved glucose monitor for weight loss

Many patients wrestle with barriers to GLP-1 drugs. One health tech startup is betting big on the role of wearable devices. Cygnos is the first company to get FDA approval for its glucose monitoring system for weight loss, giving patients real-time insights into how to diet, exercise, and lifestyle choices that impact metabolism. For more, Cygnos CEO, Sherem Faladgar Mercer, joins us here on set. Sherem, great to have you with us. Thanks for having me here, I appreciate it. Tell us how this works. So we're on a mission to tackle the obesity epidemic. So we're leveraging AI and your glucose, and glucose is your body's primary source of fuel. So we're taking a continuous glucose monitor, or a biosensor, that we provide you, and we use that to look at your metabolism in real time to see how your body's decisions are affecting your weight throughout this entire journey. And really the focus is, how can we help you see this continuously? It's almost like a Bloomberg terminal for your metabolism. What will the data tell me? I mean, if I, and let's explain first the device. It's a small, wearable device. You attach it to your body. It has a micro-needle that you put it on, you wear it for 15 days, you throw it away, then you change it. So you have this all hooked up, you see it on your phone, and you see all the information. What do you do with that information? You know, glucose spikes after I eat. Like, what do I do with that? Yeah, so the key really is, how do we predict what's going to happen before you step on the scale? So it's being able to give you the information such that you'll know, should I go for a small walk after this meal? Is this meal gonna spike my glucose and cause me to ultimately gain weight, maintain my weight, whatever it may be, and give you these little nudges at the right moment, at the right time, to help you along that journey. It really is designed to empower you, to help you, and be healthier. How much does this cost, and have any insurers indicated that they would cover it? It's $129 a month, and it's FSA, HSA eligible. We're now starting to work with insurers to figure out the optimal way to get this reimbursed for customers. How do you see yourself fitting into the weight loss space with GLP-1s out there? Are you a companion? Would you replace? Yeah, I think it's a complementary solution. GLP-1s are a very powerful tool. They're really designed for individuals that are obese, whereas Cygnos is really focused on being accessible to all Americans, and throughout the entire management of your weight journey. This could be weight loss, all the way to maintaining your weight. And I think what makes this particularly interesting is how do we look at this and say, when you go to the doctor's office, you often will have four vital signs measured at a point in time. What we ultimately want is them to measure your fifth vital sign, which is your metabolism. And so what we're doing is we're giving you that ability and having it be continuous, so you can see it in real time, and empowering you to be able to do that when you're not at the doctor's office on your own. So the FDA approval is specifically for the device in use for weight loss, or is it just the FDA approval is the accuracy in measuring glucose levels? It's for, the FDA clearance is actually for management of your weight. So that could be weight loss, maintaining weight throughout that whole spectrum. How do you see the category broadening then? Obviously, it's useful to measure glucose in many other ways. Yeah, exactly. And I think when you start to look at the benefit of when you're on that weight loss journey and being successful, I'll use a personal story. My wife and I had newborns, and of course, the recommendation we get is, well, why don't you guys just sleep eight hours a night? That's a really tough recommendation, as you might imagine. And so, you know, a wife is sleeping four hours a night, and so am I. And so what we saw, and she was excited to go on this, she was very excited that she lost the weight, but what was more interesting is that her deep sleep tripled after we stabilized her glucose. And so she still slept four hours a night, but she felt like she slept seven or eight. And that is just the beginning of some of the benefits you start to see when you're on that weight management journey. Are you worried about being displaced in any way, or how does this fit into Apple's push yesterday with wearables and wanting to be sort of that hub for health? Do you fit into that ecosystem? Could you be a target? Apple's a great solution, and we integrate into all of those types of smart rings, watches, devices, including the Apple Watch. What we see is those devices are very powerful, but they're showing you your data and what it used to be, and what it was. And so what we're doing is we're taking AI and saying, how do we predict what's going to happen so that you can see those results in advance so that when you step on the scale, you already kind of know.

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